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German startup Lilium Aviation has announced it’s secured a $90 million round of investment led by Tencent Holdings, reports the New York Times. Lilium held a successful test flight of its two-seat electric jet, called the Eagle, earlier this year. The company is also working on a five-seat “air taxi” for public commuters. In addition […]

BY Michael Grothaus

German startup Lilium Aviation has announced it’s secured a $90 million round of investment led by Tencent Holdings, reports the New York Times. Lilium held a successful test flight of its two-seat electric jet, called the Eagle, earlier this year. The company is also working on a five-seat “air taxi” for public commuters. In addition to Tencent, other Lilium investors include Atomico, the VC firm run by a Skype founder and . . . Liechtenstein’s royal family.

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ABOUT THE AUTHOR

Michael Grothaus is a novelist and author. He has written for Fast Company since 2013, where he's interviewed some of the tech industry’s most prominent leaders and writes about everything from Apple and artificial intelligence to the effects of technology on individuals and society. More


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