German startup behind electric microliner lands 14M cash runway

Get the Full StoryMunich-based startup Vaeridion has secured 14mn to develop an electric aircraft that it hopes will whisk passengers on short-haul routes around Europe by 2030. The microliner looks like a regular plane and it takes off from a runway the only difference is that it will be powered by batteries, Vaeridion s co-founder and CEO, Ivor van Dartel, told TNW in an interview last month. For operators and passengers, the experience will be essentially the same. Berlin-based climate tech VC World Fund led the Series A investment, with participation from Project A Ventures, Vsquared Ventures, Schwarz Holding, InnovationQuarter, and angel investor This story continues at The Next Web

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