Lilium
AviationGermanyClosed 2025
Total Raised
$1.50B
Peak Valuation
Undisclosed
Employees
—
Year Collapsed
2025
Business model
Manufacturing and operating all-electric vertical takeoff air taxis.
In brief
Developed all-electric vertical takeoff jets aiming to launch commercial air-taxi routes across Europe. After years of engineering delays and mounting capital needs, the company was unable to secure enough additional financing to continue and filed for insolvency in 2025.
See the What Happened tab for the full account.
Key facts
- Founded
- 2015
- Closed
- 2025
- Headquarters
- Munich, Germany
- Industry
- Aviation
- Employees
- —
- Revenue
- Undisclosed
- Founders
- Daniel Wiegand
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Often compared with: Joby Aviation, Archer Aviation, Vertical Aerospace.