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AI Funds & DeepTech Bets: Finn's €1B, Cherry's €500M, Lilium's Fall
Big news from the DACH startup world: Finn raises €1B for car subscriptions, Cherry Ventures launches a €500M AI fund, and eVTOL pioneer Lilium faces insolvency — a month of extremes.
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Why this matters for deep tech: Two deep-tech signals bracket the month: a dedicated €500M AI fund forming, and eVTOL pioneer Lilium's collapse — a stark reminder of hard tech's capital intensity and risk.
In this episode, we cover:
Finn's €1B raise for car subscriptions
Cherry Ventures launching a €500M AI fund
eVTOL pioneer Lilium…
The skinny
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