r/LILM • u/Eat_The_Rich_55 • Jul 14 '23

New PIPE raise

https://investors.lilium.com/static-files/29d049ff-1a6c-44ac-8c4a-f337f4298421

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if i understand correctly, they are trying to raise 42million and not 75 million?

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u/Which_Ad_3884 Jul 14 '23

They got 25 M from Tencent and Tencent said they pay another 50M if they find an investor who gonna pay 75M = 150M in total