Lilium raised another $240 mn led by Tencent

Lilium raised $240 mn led by Tencent, with participation from other previous backers that included Atomico, Freigeist and LGT

A Munich-based startup that is designing & building vertical take-off and landing (VTOL) aircraft with speeds of up to 100 km/h that it plans eventually to run in its own taxi fleet

Plans to use to keep developing its aircraft, and to start building manufacturing facilities to produce more of them, expected launch date of 2025.

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