Munich, 09 June 2020: Lilium, the Munich-based aviation company developing an all-electric, vertical take-off and landing aircraft for regional air mobility, today welcomed respected investment management partnership, Baillie Gifford, as a new investor. Known for their track record of investing in high-impact technology companies such as Amazon, Tesla, Airbnb, Spotify and SpaceX, the partnership has invested $35m in the company, extending the current funding round to more than $275m, and total investment to date to more than $375m.
Images and quotes courtesy Lilium