Menu
Inshorts
For the best experience use inshorts app on your smartphone
inshortsinshorts
German electric air taxi startup Lilium raises $240 million funding
short by Dharna / on Monday, 23 March, 2020
German air taxi startup Lilium has closed a funding round of over $240 million. The latest investment was led by Tencent with participation from other existing investors. Lilium plans to use the funds to keep developing its all-electric vertical take-off and landing (eVTOL) aircraft and start preparations for serial production at its manufacturing facilities, for an expected launch in 2025.
read more at TechCrunch