# Joby Aviation

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/joby-aviation

- Industry: Aerospace
- Headquarters: US
- Website: www.jobyaviation.com
- Total disclosed funding: $720M
- Latest round: Series C (Jan 15, 2020)
- Investors on record: 13

## About

Based in California, US, and founded in 2009, Joby Aero, Inc., trading under the name Joby Aviation, is an electric aviation company that intends to create an urban air taxi service by 2024. The company was founded by JoeBen Bevirt. In 2018, the company announced it had raised a surprising USD 100 million from a variety of investors, including the venture capital arms of Intel, Toyota, and JetBlue. In February 2021, Joby Aero merged with Reinvent Technology Partners.In October 2024, Joby Aviation raised USD 500 million in venture funding from existing investor Toyota Motor.

The company is developing and manufacturing an all-electric, vertical take-off and landing aircraft that will most likely share the sky with drones above urban areas. The air taxi is an electric, fixed-wing VTOL that can carry four passengers and fly at speeds of up to 200 miles per hour. The aircrafts are quiet and save time.

The company has plans to have a scaled-up air taxi service in operation by 2024. Joby Aviation plans to fly vertical take-off and landing passenger aircraft as early as 2023.

## Funding rounds

- Series C, Jan 15, 2020, $590M — Intel Capital, Capricorn Investment Group, Baillie Gifford, Uber Technologies Inc., SPARX Group, Toyota Motor Corporation, AME Cloud Ventures, SKY VC, Toyota Ventures, Global Oryx Company Limited
- Series B, Feb 1, 2018, $100M — Intel Capital, Capricorn Investment Group, Allen & Company, SG Growth Capital, SPARX Group, AME Cloud Ventures, 8VC, SKY VC, Toyota Ventures
- Series A, Jun 1, 2016, $30M — Capricorn Investment Group

## Investors

- Capricorn Investment Group (https://capitalatlas.ai/funds/capricorn-investment-group) — Series A, Series B, Series C
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B, Series C
- Allen & Company — Series B
- SG Growth Capital (https://capitalatlas.ai/funds/sg-growth-capital) — Series B
- SPARX Group (https://capitalatlas.ai/funds/sparx-group) — Series B, Series C
- AME Cloud Ventures (https://capitalatlas.ai/funds/ame-cloud-ventures) — Series B, Series C
- 8VC (https://capitalatlas.ai/funds/8vc) — Series B
- SKY VC (https://capitalatlas.ai/funds/sky-vc) — Series B, Series C
- Toyota Ventures (https://capitalatlas.ai/funds/toyota-ventures) — Series B, Series C
- Baillie Gifford (https://capitalatlas.ai/funds/baillie-gifford) — Series C
- Uber Technologies Inc. — Series C
- Toyota Motor Corporation — Series C
- Global Oryx Company Limited — Series C