EVOVX News Index

VÆRIDION Secures Over €124 Million In Equity And Grant Funding To Develop Nine-Passenger Electric Aircraft

· pulse2.com · popularity 18/100 · 0 similar stories today · Public Finance, Budgets & Audits (Politics & Government)

Read the original at pulse2.com →

Summary

VÆRIDION, a Munich-based electric aircraft manufacturer, has announced more than €124 million in new equity financing and proposed grant funding to advance development and industrial production of its nine-passenger Microliner aircraft. The financing includes a €30 million Series A2 round and selection for a €94.5 million European Commission Innovation Fund grant. The post VÆRIDION Secures Over €124 Million In Equity And Grant Funding To Develop Nine-Passenger Electric Aircraft appeared first on Pulse 2.0 .

Found in: Pulse 2.0. Rating basis: single outlet; outlet tier 2 (unlisted); 1 feeds; feed position 11.