A Germany aviation startup company has raised $90 million to help make its all-electric VTOL jet car/taxi with 300Km range into reality. Lilium was founded in 2014 to create a world where "everyone can fly anywhere, anytime," using compact electric VTOL jet cars. The new investment is a significant one for Lilium, it already showed off a working 2-seater prototype in April, and now it has backing from the likes of China's Tencent, Atomico (Skype co-founder VC firm), Obvious Ventures (Twitter cofounder VC firm), and LGT.
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