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Tencent-backed German air taxi firm Lilium plans to raise $250m

Germany's Lilium said it would raise up to $250 million to fund the development of its eVTOL (electric vertical take-off and landing) jet.

Klaus roeweAceville pte ltdTencent holdings

Germany air taxi firm Lilium plans to raise $250 mln, shares jump

Lilium's U.S.-listed shares surged 43.24% to $0.55 in premarket trading

Shivansh tiwarySavio dsouzaKlaus roeweTencent holdingsAceville pte ltdSaviod souza

Germany air taxi firm Lilium plans to raise $250 million, shares jump

Germany s Lilium NV said on Tuesday it would raise up to $250 million, including from its largest shareholder Tencent Holdings, to fund the development of its eVTOL jet.. | May 2, 2023

Shivansh tiwarySavio dsouzaKlaus roeweAceville pte ltdSaviod souzaTencent holdings limited stock exchangePress releaseVtol 700 kyg875721634

Lilium secures $250 million funding lifeline

Lilium secures $250 million funding lifeline
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Klaus roeweTencent holdingsAceville pte ltdLilium jet