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Your startups of the quarter

We are introducing a new ranking category and at the end of each quarter we will present you with the five startups that have most interested you in the past three months.

October 3, 2023 3 min reading time

Lilium
4th place: Also from July comes good news from the Munich air taxi company Lilium, 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 giant pledged to invest an additional 67 million euros (75 million dollars) if Lilium succeeded in raising the same amount from other investors. The flying taxi company has apparently succeeded. According to Lilium, it 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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