Sky’s the Limit: Lilium, a Flying Car Company, Raises $90 Million

Founded in 2015 by a group of academics at the Technical University of Munich, Lilium has grown from its founding quartet to a company of more than 70 engineers, tasked with developing and building the world’s first fully electric vertical take-off and landing jet. With this round of funding, Lilium has raised more than $100 million of capital in 24 months.