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Lilium Announces Successful Closing Of $119 Million Capital Raise To Fund Continued Development Of New Electric Aircraft

PRIVATENov 23, 2022

Amount Raised

$119 Million

Round Type

Funding Round

MunichManufacturingTransportationAir TransportationAerospace

Description

Lilium N.V. (Nasdaq: LILM) (“Lilium” or the “Company”), developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced the successful closing of a $119 million capital raise from existing shareholders, new investors, and strategic partners. Participants include Honeywell and Aciturri as well as LGT and its affiliated impact investor Lightrock, Tencent, B. Riley Securities and certain affiliates thereof

Quick answer

Lilium GmbH raised $119 Million in a Funding Round round, dated November 23, 2022. Lilium GmbH is based in Munich, Bavaria, Germany.

How much did Lilium GmbH raise?
Lilium GmbH raised $119 Million in a Funding Round round on November 23, 2022.
What does Lilium GmbH do?
Lilium GmbH is known for its pioneering work in electric vertical takeoff and landing (eVTOL) designs and technologies.
Where is Lilium GmbH based and how big is it?
Lilium GmbH is based in Munich, Bavaria, Germany.
Who are the decision-makers at Lilium GmbH?
Fundz holds 1 contact at Lilium GmbH, including the Chief Executive Officer. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Transportation and Air Transportation around the same time

Companies in the same sectors as Lilium GmbH that raised within 45 days of this round, from Fundz verified event records.

  • Quantum Space raised an undisclosed amount (Funding Round) on December 13, 2022.
  • Rocket Lab Corp raised $21M (Funding Round) on December 13, 2022.
  • Einride raised $500M (Funding Round) on December 7, 2022.
  • Phantom Space Corporation raised $22M (Seed) on December 7, 2022.
  • Loft Dynamics raised $20M (Funding Round) on December 5, 2022.
  • North American Wave Engine Corp raised $3.5M (Seed) on November 18, 2022.

Who to call at Lilium GmbH, and when

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Company Information

Company

Lilium GmbH

Location

Munich, Bavaria, Germany

About

Lilium GmbH is known for its pioneering work in electric vertical takeoff and landing (eVTOL) designs and technologies. The company has invested significantly in developing technologies for a visionary eVTOL platform. Lilium’s innovations include key advancements in ducted fan technology. It has been recognized for its contributions to the advanced air mobility sector.

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Related People

1 contact
Verified contactsKlaus R., Chief Executive Officer hiddenSee plans and pricing
Predictive Intelligence
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Lilium GmbH raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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