Funding

VÆRIDION Secures €124M to Advance AI-Powered Regional Electric Aviation in Europe

Nov 6, 2026 | By Oliver Bennett

VÆRIDION Secures €124M to Advance AI-Powered Regional Electric Aviation in Europe

Munich-based aviation startup VÆRIDION has raised €30 million in a Series A2 funding round and been selected for a €94.5 million grant from the European Commission's Innovation Fund. Together, the funding and grant are worth €124.5 million.

SUMMARY

  • VÆRIDION raised €30 million and secured a €94.5 million EU grant.
  • The funds will support aircraft development.
  • VÆRIDION builds electric aircraft.

The funding round was co-led by Dutch investors SHIFT Invest and Invest-NL, with participation from existing investors World Fund, Project A and Vsquared Ventures. PAYBACK founder and DeepTech investor Alexander Rittweger also joined the round. The company has raised around €60 million in total funding so far, excluding the new EU grant.

Ivor van Dartel, founder and CEO of VÆRIDION, says: “Over the past year, we have turned the Microliner from a validated design into hardware, with exceptional capital efficiency. Our propulsion and battery technology is now being tested at our own facility in Oberpfaffenhofen. This equity round enables us to build our first conforming aircraft.

Founded in 2021, by former Airbus manager Ivor van Dartel, VÆRIDION is a Munich based startup developing fully electric aircraft for short distance regional travel. The company aims to make regional air travel more affordable and practical.

About VÆRIDION

VÆRIDION's funding comes as several European aviation and aerospace startups have raised money in 2026 to develop new technologies.

In France, AURA AERO raised €50 million to develop electric and hybrid aircraft, while HyLight secured €13 million for hydrogen-powered airships. In the UK, Greenjets raised €35 million for aircraft propulsion technology and Skyfly secured €8.91 million to develop electric aircraft.

Denmark-based Acodyne also raised €2.5 million for unmanned cargo aircraft, while Germany's SPREAD AI secured €25 million for industrial engineering software used in sectors such as aerospace.

Together, these funding rounds, including VÆRIDION's €30 million investment, represent around €164.4 million in financing. This total does not include VÆRIDION's separate €94.5 million EU grant.

Daria Saharova, Managing Partner at World Fund, adds: “For the past half century, Airbus has shown that Europe can build aircraft the world buys. VÆRIDION is writing the next chapter with a fully electric aircraft, built in Bavaria, with a clear path to certification. Investing in the future of aviation is Europe’s power play, and I am proud to back Ivor and the team.”

Read More:Green Voltis Raises €13.5M for AI-Driven Battery Storage and Energy Trading in Europe

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