Lilium, a Munich-based startup that is designing and building vertical take-off and landing (VTOL) aircraft with speeds of up to 100 km/h, eventually plans to run in its own taxi fleet.
The company has only confirmed to us that it is “significantly higher” than it was in its Series B in 2017.
Still, that combined with the fact that there are no new investors in the raise might imply some challenges there.
(Volocopter, which is also designing a new kind of flying taxi-style vehicle and service, closed a $94 million round in February.)
The market for aircraft-based taxi services — be they electric, autonomous, or both — is still very nascent.

Comments to: Lilium raises another $240M to design, test and run an electric aircraft taxi service – TechCrunch

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