Javascript is disabled in your browser

Startbase requires Javascript in order to display content.
Please check your browser settings and enable Javascript-Support for this website.

Lilium issues new shares to existing investors

Sophie Deistler | 21.11.2022

Lilium issues new shares to existing investors — Lilium will Flugtaxis in Serie bauen. (Foto: Lilium)

The company's share price has fallen sharply since it went public in the summer. Now Lilium is raising fresh money via a capital increase.

The air cab start-up Lilium needs fresh capital: To this end, the listed company wants to issue around 91.5 million shares worth 119 million US dollars to its existing investors and strategic partners. The investors are to pay 1.30 US dollars per share. Among others, Honeywell, Aciturri, LGT, Lightrock, Tencent and B. Riley Securities. New Lilium CEO Klaus Roewe and board members Barry Engle, David Wallerstein and Niklas Zennström are also buying shares.

Lilium has been listed on the Nasdaq technology exchange in New York since September of last year. To do so, the air cab startup merged with Spac Qell. However, the launch on the stock exchange raised less money than hoped. Lilium started with a price of ten US dollars per share. In the meantime, the value of the shares has fallen to around 1.58 US dollars.

Lilium has been in existence since 2015 and is developing electrically powered air cabs that will be able to take off and land vertically. According to current plans, series production is to start in 2025.

Finanzierung

Like it? Please spread the word:

Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

Related companies

Startup 2015 Weßling Lilium On-demand air taxi service that is powered by an all-electric, vertical take-off and landing Lilium Jet.

Similar posts

News Pleo secures 40 million euros in financing from HSBC Innovation Banking Pleo secures €40 million in funding from HSBC Innovation Banking to expand its lending offering, first in the Netherlands and then in other European markets, offering customers more flexibility.

News Enpal secures 1.1 billion euros in new customer loans Learn how Enpal is partnering with global financial giants to accelerate the uptake of solar PV and heat pumps in Germany with an impressive €1.1 billion.

News EUR 1.5 million in financing for further growth at Orq.ai The funding, led by investors such as XO Ventures, xdeck ventures, Curiosity VC and Spacetime, will be used to strengthen the product and go-to-market team for the European market, with a particular focus on Germany...

News sunvigo receives 15 million euros in debt financing sunvigo sets course for further growth with €15 million financing from Triodos Bank: A step towards establishing a Europe-wide solar power community

News ANNEA secures 2.75 million euros for increasing the efficiency of wind energy With 2.75 million euros in funding, ANNEA is expanding its role as a pioneer in improving the efficiency of wind turbines - AI-supported solutions for more sustainable energy production.

News autarc secures millions in financing for heat pump expansion autarc, a Berlin-based energy start-up, receives funding from investors such as PT1 and business angels to transform the heating industry with innovative planning software.

News Unchained Robotics secures 5.5 million euros for expansion Investors such as Future Industry Ventures and Teklas Ventures are supporting Unchained Robotics with 5.5 million euros to promote robotics solutions for SMEs.

News Circadian raises 1.25 million euros Circadian secures €1.25 million to expand its energy management system in emerging markets, starting with telecom towers in Africa.

News Brite Payments secures $60 million funding round Swedish fintech company Brite Payments plans to use the funding to strengthen its presence in existing markets and further develop its Instant Bank Payments Network.

News Rencore secures €7.5 million to strengthen cloud collaboration Munich-based startup Rencore receives €7.5 million to strengthen cloud collaboration governance. The funds are to drive the further development of their solutions.

News Pleo secures 40 million euros in financing from HSBC Innovation Banking Pleo secures €40 million in funding from HSBC Innovation Banking to expand its lending offering, first in the Netherlands and then in other European markets, offering customers more flexibility.

News Eiffel Investment Group launches Eiffel Energy Transition III, an infrastructure debt fund to accelerate the energy transition Billions for the environment: Eiffel Energy Transition III launches to accelerate the decarbonization of power generation. The new fund supports the construction of green energy plants in Europe.

News Rising number of foreigners with temporary residence permits for work in Germany German labor market attractiveness is growing: The number of foreign workers in Germany is increasing by almost a fifth, according to new statistics from the Federal Statistical Office.

News Bayern Kapital Innovation Fund ERDF II: New investment for AVES Reality in Garmisch-Partenkirchen AVES Reality from Garmisch-Partenkirchen receives millions in investment from the new Bayern Kapital Innovation Fund ERDF II for its AI-based 3D maps.

News Vivalyx secures 5.4 million euros in seed financing New hope for organ transplants: Vivalyx receives fresh capital to improve donor organ quality

News TVM Capital Healthcare invests 17 million US dollars in neurocare TVM Capital Healthcare invests USD 17 million in neurocare: New partnership for mental healthcare

News Omnidocs acquires majority stake in Dania Software A/S New times in document creation: Omnidocs acquires majority stake in Dania Software A/S with the support of Main Capital Partners.

News Katjes Greenfood with successful oat hangover exit Find out how Katjes Greenfood achieved a successful exit with the sale of its shares in Haferkater and continues to focus on sustainable investments.

News Vinlivt receives 1 million euros Investors have confidence in Vinlivt's success: with additional financing of almost EUR 1 million, the start-up is strengthening its position in the market for digital financial solutions.

Magazine The lions' den Die Höhle der Löwen - Show today - Episode 4 Season 15 Stay tuned for the upcoming episode of "Die Höhle der Löwen" and immerse yourself in the world of entrepreneurship! From innovative ice cream packaging to digital inclusion platforms and sustainable dry toilets - this...