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VAERIDION raises €30M Series A2 for Microliner electric aircraft

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Munich-based aerospace startup VAERIDION raised €30M in a Series A2 round led by Dutch VC SHIFT Invest and national investment institution Invest-NL, with existing investors World Fund, Project A and Vsquared Ventures participating. The company says the money will fund the first prototype of its Microliner electric regional aircraft. VAERIDION also said it has been selected by the EU for a €94.5M Innovation Fund grant aimed at developing the Microliner for industrial-scale manufacturing. It is targeting 2030 for the aircraft to enter commercial service.

AI-generated from reports · 55 minutes agoUpdate

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Nov 5
  1. Tech.euTop Deals
    German aerospace startup VÆRIDION raises €30M for electric regional aircraft

    Munich-based VÆRIDION raised €30M in a Series A2 round led by SHIFT Invest and Invest-NL.

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