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He came up with the idea of an Uber in the skies while on a semester abroad in Glasgow. Wiegand stumbled across a YouTube video with an American jump jet named the V-22 Osprey, a military aircraft. Able to take off and land with a minimum of space, Wiegand wanted to make such a thing possible for private transport. The aircraft just had to be quieter and more environmentally friendly. The Tübingen-born student inspired three classmates with the idea: engineering postgraduate Sebastian Born, aerodynamics specialist Patrick Nathen and mechatronics engineer Matthias Meiner. In a shared flat, the four students calculated the physical parameters for a Personal Air Vehicle (PAV). In February 2015, they founded Lilium, for whose name the aeronautical pioneer Otto Lilienthal served as an inspiration.
Investors were equally inspired. The founders received money from the EU start-up funding programme Climate-KIC Accelerators, from Business Incubation Centre Bavaria, and from the UnternehmerTUM fund run by TU Munich. Since then, investors have come to include the well-known venture capitalist Frank Thelen, Christian Reber, who sold his app Wunderlist to Microsoft, and Atomica, the investment firm from Skype founder Niklas Zennström. They put around ten million euros into the start-up.
Investors were equally inspired. The founders received money from the EU start-up funding programme Climate-KIC Accelerators, from Business Incubation Centre Bavaria, and from the UnternehmerTUM fund run by TU Munich. Since then, investors have come to include the well-known venture capitalist Frank Thelen, Christian Reber, who sold his app Wunderlist to Microsoft, and Atomica, the investment firm from Skype founder Niklas Zennström. They put around ten million euros into the start-up.
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