Vaeridion has raised €30 million in a Series A2 equity round to build the first conforming prototype of its nine-passenger, all-electric Microliner. The funding, led by SHIFT Invest and Invest-NL, will support aircraft development and testing, with construction expected to begin in early 2027. Separately, the European Commission selected the company’s CAROLUS project for a proposed €94.5 million grant to establish a final-assembly facility at Oberpfaffenhofen Airport, near Munich; the grant agreement is not yet final.
Vaeridion is testing its battery packs and propulsion system at its Oberpfaffenhofen facility. The next planned steps include integrating the systems on a ground-test rig and conducting wind-tunnel testing. Flight testing is planned from 2027, while the company is targeting EASA type certification in 2030. These are programme targets, not completed milestones.
The equity round included existing investors World Fund, Project A and Vsquared Ventures, as well as investor Alexander Rittweger. The EU grant is separate from the equity financing and remains subject to an agreement that Vaeridion expects to sign in 2027. It is intended to fund the establishment and ramp-up of an assembly facility, rather than the prototype work financed by the round.
The Microliner is designed to carry nine passengers over a planned range of 400 km. Vaeridion cites provisional sales agreements for 130 aircraft, with a prospective combined value of €730 million; these are not firm delivery orders. The aircraft is also intended for cargo, logistics and medical-support missions, with a stated cargo capacity of 10 cubic metres.