Financing Round

  • German ‘flying taxi’ start-up raises $90m in latest financing round

    German startup Lilium which is planning to develop a five-seater 'flying taxi' has announced that it has raised $90m following a round of financing which was led by Chinese internet colossus Tencent. It's the second round of financing the company has embarked upon, and its latest funding venture has now subsequently made it one of the best-funded electric aircraft projects on the market.

  • North American city deploys ‘smart bike’ system in effort to address mobility issues

    Aurora has become the first of several cities in the state of Colorado to deploy a smart bike-share system. Colorado is accelerating its effort to address the urban mobility issues which affect most of its cities, and officials believe the introduction of the 'Spin dock-less bike-share system' can finally resolve the problem.