The smartest minds and smartest companies in the world are not only dealing with cryptocurrencies, but they are also bringing synergetic forces to finance a wide range of amazing solutions. One of these solutions: reducing travel time and solving traffic jams. For example, companies such as Tencent and Freigeist are funding Lilium, a German start-up company, to develop the first all-electrical vertical take-off five-seat flying taxi.
Lilium, a Munich-based company, promises to enable passengers to travel five times faster than by car. Lilium’s mission is to introduce “the world’s first all-electric vertical take-off and landing jet: an air taxi for up to five people. You won’t have to own one; you will simply pay per ride and call it with a push of a button. It’s our mission to make air taxis available to everyone and as affordable as riding a car.”
Lilium promises to end traffic jams. “By traveling through the air you’ll be able to avoid time-consuming traffic jams while enjoying a magnificent view,” says the company website.
Lilium reports that it has already secured US$90 million Series B funding round. Members of the funding group include Tencent, LGT Banking Group, Atomico, and Obvious Ventures.