Posts Tagged: Lilium

Electric aircraft maker Lilium completes $240-million funding round

Munich-based aviation company Lilium is developing an all-electric, vertical take-off and landing (eVTOL) aircraft designed to serve regional air travel markets. The company recently completed a $240-million funding round led by Tencent, with participation from other existing investors, including Atomico, Freigeist and LGT. The new funds bring the total sum raised to date to over… Read more »

Lilium hopes to make its VTOL electric jet an airborne Uber

EVs are taking to the skies. Startups Eviation and Zunum are working on electrified passenger aircraft. Electric truck maker Workhorse recently spun off a subsidiary that makes a personal octocopter. The latest plane play to hit the headlines is Lilium, which was founded in 2015, and raised $90 million in funding in September. Lilium’s aim… Read more »