A German start-up revolutionize the automotive industry

A German start-up revolutionize the automotive industry


Lilium, a flying car start-up, raises $90 Million. The start-up company and design of the flying car prototype was founded in Germany by four graduates of the Technical University of Munich. Lilium is among several start-up companies looking to usher in an era of Jetsons-type flying cars, including those backed by the Google co-founder Larry Page, Uber and Airbus.

The start-up company was mainly financed by the investor- Tencent Holdings, the Chinese internet giant. Other investors include LGT, Atomico and more.

In light of all these developments in the tech industry, Intertraffic Amsterdam 2018 hosts ITSUP. The newest event for start-ups in the traffic technology and automotive field. With its own hall at Intertraffic Amsterdam, ITSUP provides start-ups a perfect opportunity to engage with a large quality audience of traffic technology professionals and to pitch innovative solutions.

Source: New York Times

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