AAM Investments Top $8 Billion In December

Lilium’s $119 million private placement in December pushed its total fundraising to date past $1 billion.

Credit: Lilium
The combined fundraising total for the 20 largest advanced air mobility (AAM) companies surpassed $8 billion for the first time in December, marking an increase of more than $500 million over the last two months, according to a Dec. 12 report from SMG Consulting. The increase was pushed higher by...

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