Air taxi startup Lilium raises $240 million despite coronavirus scare
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BERLIN (Reuters) - German air taxi startup Lilium said on Monday it had raised $240 million (206.06 million pounds) in additional funding from existing backers led by China's Tencent , completing the investment round at a higher valuation despite the coronavirus pandemic.The funding brings to more than $340 million the amount raised by Munich-based Lilium, which is developing an all-electric, vertical take-off and landing aircraft that it hopes to launch and operate from 2025.The funds will be..