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Your startups of the month

In July, we are once again choosing the Startups of the Month, i.e. the five companies that have particularly interested many Munich Startup readers this month.

July 31, 2023 3 min reading time

Lilium
3rd place: Once again, Lilium among the startups of the month. July was also a good month for the Munich-based air taxi company, it raised a further 171 million eurosThe current financing for Lilium is divided into several phases. Initially, Tencent announced a Financial injection of 89 million euros (100 million dollars). The tech company pledged to invest an additional 67 million euros (75 million dollars) if Lilium succeeds in raising the same amount from other investors. The flying taxi company has now apparently succeeded. According to Lilium, it has raised 67 million euros (75 million dollars) through the placement of additional shares. In addition, Earlybird Venture Capital, BIT Capital, UVC Partners, Frank Thelen, and several board members and senior executives invested an additional 37 million euros (42 million dollars). Tencent then released the additional 67 million euros, as agreed in May. (Photo: Lilium)
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