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Lilium (company)

Lilium (company)

Lilium is a Munich-based startup developing an on-demand, all-electric, vertical take-off and landing air taxi service.

Lilium is a startup startup based in Munich, Germany that is developing an on-demand air taxi service based on all-electric jets. The company was founded in 2015, it has since raised more than $340m.

Timeline

June 9, 2020
Lilium raises $35 million from Baillie Gifford.
June 9, 2020
Lilium raises a $35,000,000 venture round from Baillie Gifford.
March 23, 2020
Lilium raises $240m in a funding round led by Tencent, with participation from other existing investors including Atomico, Freigeist and LGT.
March 23, 2020
Lilium raises a $240,000,000 venture round from Atomico, LGT Group and Tencent.
September 2017
Lilium raises a $90,000,000 series B round from Atomico, LGT Group, Obvious Ventures and Tencent.
December 5, 2016
Lilium raises a $11,400,000 series A round from Atomico.
2015
Lilium was founded by Florian Bonnet, Matthias Meiner, Patrick Nathen and Sebastian Born.

Funding rounds

People

Name
Role
LinkedIn

Daniel Wiegand

Co-Founder & CEO

Matthias Meiner

Co-Founder & Head of Avionics

Patrick Nathen

Co-Founder & VP Product

Sebastian Born

Co-Founder & Head of Mechanical Engineering

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Lilium Jet test flight

December 18, 2019

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Aria Alamalhodaei
August 2, 2021
TechCrunch
German electric aircraft startup Lilium is negotiating the terms for a 220-aircraft, $1 billion order with one of Brazil's largest domestic airlines, the companies said Monday. Should the deal with Azul move forward, it would mark the largest order in Lilium's history and its first foray into South American markets. "A term sheet has been [...]
Aria Alamalhodaei
June 9, 2021
TechCrunch
German electric air mobility company Lilium has partnered with aerospace manufacturer Honeywell to develop the electronics and mechanical systems for the 7-seater Lilium Jet, the company's debut eVTOL. Honeywell will supply its compact fly-by-wire system, a flight control component that will be responsible for controlling all of the Jet's moving parts, and the aircraft's avionics [...]
Lilium
May 21, 2021
www.prnewswire.com:443
/PRNewswire/ -- Lilium GmbH ("Lilium"), positioned to be the global leader in regional electric air mobility, with the development of its electric vertical...
Connor Bilboe
April 22, 2021
Sifted
From Berlin to Bordeaux -- which European mobility startups are driving in the fast lane? We spoke to five top investors to find out.
Maija Palmer
April 12, 2021
Sifted
Although many urban aviation companies are promising a 2024 launch, its unlikely to be a significant market until the 2030s.
Kirsten Korosec
April 5, 2021
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from [...]
Robin Wauters
April 2, 2021
Tech.eu
Happy Friday! This week, our research team tracked more than 60 tech funding deals worth more than €1.4 billion, and about 10 exits, M&A transactions, and rumours, and related news stories across Europe, including Russia, Israel, and Turkey. As always, we are putting all of them together for you in a handy list sent in [...]
Dan Taylor
March 30, 2021
Tech.eu
Weßling, Germany-based Lilium has announced their intentions to list on Nasdaq via a merger with SPAC Qell Acquisition Corp.. Transaction values of the combined company top out at a $3.3 billion pro forma equity value at the $10.00 per share PIPE price valuation. A publicly listed special purpose acquisition company, Qell is headed by Barry [...]
Maija Palmer
March 30, 2021
Sifted
German flying taxi company unveils 7-seater aircraft and plans for a 2024 commercial launch following listing.
Andrew J. Hawkins
March 30, 2021
The Verge
Lilium, a flying taxi startup based in Germany, is going public via a merger with a special acquisition company, or SPAC. As part of the deal, the company revealed its new seven-seater electric aircraft.
Isabella Pojuner and Freya Pratty
March 9, 2021
Sifted
There are now over 800 climate tech companies in Europe. But what do they do, where are they based and how much money have they raised?
Grace Kay
January 29, 2021
Business Insider
The state's first commercial flight could be announced as soon as this spring. Lilium plans to have flights up and running worldwide by 2025.
Kate Duffy
November 12, 2020
Business Insider
Lilium's 186 mph vertical-takeoff taxis will run from the proposed "Lake Nona Vertiport," expected to complete in 2025.
The Associated Press
November 11, 2020
ABC News
The nation's first regional hub for "flying cars" is being built in central Florida, and once completed in five years, the vehicles will be able to take passengers from Orlando to Tampa in a half hour
Maija Palmer
November 11, 2020
Sifted
Lilium, the German flying taxi startup will start operating from a vertiport near Orlando from 2025 connecting to other Florida cities.
Lauren Coffey
July 21, 2020
AmericanInno
Air taxis might not be coming to Tampa yet, but the idea is coming to the table. The Tampa Bay Area Regional Transit Authority voted Friday to move forward on discussions with German-based air taxi company, Lilium. The discussion is part of a $1 million, larger initiative from TBARTA to study innovative transportation, including hyperloop. The air taxis are pretty self-explanatory: an aircraft that flies through the air, in this case taking a mere eight minutes to commute from St. Petersburg to Tampa. For the cost of $90, four passengers and one pilot can take a ride. "It really has the incredible potential around the world, including the Tampa Bay area," Marie Masson, part of Lilium's commercial team, said. "But it's much more than that. You have a 360-degree, high-speed connectivity, which comes at a fraction of the cost of any other mobility option you could be considering." Costs could potentially decease as more landing pads are added, which could be on anything from parking
Kirsten Korosec
June 14, 2020
TechCrunch
The Station is a weekly newsletter dedicated to all things transportation. Sign up here -- just click The Station -- to receive it every Saturday in your inbox. Hi friends and first-time readers. Welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to [...]
Ingrid Lunden
June 8, 2020
TechCrunch
While most air travel continues to be ground to a halt, a German startup working on what it hopes will be a major breakthrough in flying has raised more funds to continue building its service. Lilium, which is designing an all-electric vertical take-off and landing aircraft that it plans to build into a taxi-style fleet [...]
ANI
May 23, 2020
@bsindia
The farmers say that flowers planted in the fields have withered, as the flower markets remain closed due to the lockdown, and they have incurred losses worth crores.
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