Key Takeaways
- • Vaeridion, a Munich-based all-electric aircraft manufacturer, closed a €30M Series A2 equity round led by SHIFT Invest and Invest-NL, bringing total capital raised to approximately €60M including earlier public funding.
- • The company received a €94.5M Innovation Fund grant from the European Commission for the CAROLUS project, which will fund a final assembly facility at Oberpfaffenhofen Airport near Munich.
- • Existing investors World Fund, Project A and Vsquared Ventures participated alongside PAYBACK founder Alexander Rittweger, according to FinSMEs.
- • Proceeds will fund the first conforming prototype of the nine-passenger Microliner, a passenger and cargo aircraft designed for scheduled, semi-scheduled and charter operations.
Summary
Vaeridion, a Munich, Germany-based developer of all-electric aircraft, has closed a €30 million Series A2 funding round, according to FinSMEs. The equity round was led by SHIFT Invest and Invest-NL, with participation from existing investors World Fund, Project A and Vsquared Ventures, as well as PAYBACK founder and deep-tech investor Alexander Rittweger and other backers. Including this round and earlier public funding, the company has raised approximately €60 million to date.
The capital will be used to build the first conforming prototype of the Microliner, a nine-passenger electric aircraft. Led by founder and CEO Ivor van Dartel, the company is designing the Microliner to provide sustainable and cost-efficient air transport. The aircraft can carry up to nine passengers or 10 cubic metres of cargo over 400 km under IFR conditions, and is intended for scheduled, semi-scheduled and charter operations across passenger and logistics missions.
Separately, Vaeridion received a €94.5 million Innovation Fund grant for its CAROLUS project. The funding supports the establishment and ramp-up of a final assembly facility at Oberpfaffenhofen Airport near Munich. The company is headquartered in Munich and has subsidiaries in Delft and Brussels.
The capital will be used to build the first conforming prototype of the Microliner, a nine-passenger electric aircraft. Led by founder and CEO Ivor van Dartel, the company is designing the Microliner to provide sustainable and cost-efficient air transport. The aircraft can carry up to nine passengers or 10 cubic metres of cargo over 400 km under IFR conditions, and is intended for scheduled, semi-scheduled and charter operations across passenger and logistics missions.
Separately, Vaeridion received a €94.5 million Innovation Fund grant for its CAROLUS project. The funding supports the establishment and ramp-up of a final assembly facility at Oberpfaffenhofen Airport near Munich. The company is headquartered in Munich and has subsidiaries in Delft and Brussels.
Go deeper than the headline
Research every firm in this story, track the ones that matter and get the daily briefing — free for 7 days.