Tencent led a $240m funding round for Lilium.

Tencent led a $240m funding round for Lilium, a Munich-based aviation company developing an all-electric, vertical take-off and landing aircraft for regional air mobility, with participation from other existing investors including Atomico, Freigeist and LGT. "This additional funding underscores the deep confidence our investors have in both our physical product and our business case. We're very pleased to be able to complete an internal round with them, having benefited greatly from their support and guidance over the past few years," Christopher Delbrück, Lilium CFO.