Joby Aviation Raises $590 million Series C

Company profile · Aerospace, Defense & Space · Updated Recent

Joby Aviation raised $590M in Series C financing led by Toyota, with participation from Toyota, Intel Capital, Uber. AI-piloted electric air taxi — eVTOL. The new capital is framed around FAA certification and launch commercial air taxi service in 5 US cities.

Series C$590 millionTotal tracked $970 millionSanta Cruz, CA

What it does

AI-piloted electric air taxi — eVTOL. The business sits in Aerospace, Defense & Space, where funded companies are using fresh capital to deepen product coverage, distribution, or operating capacity.

Traction

2,000 flight hours; record 150 mph and 150 mile range for eVTOL. Management framed the new capital around FAA certification and launch commercial air taxi service in 5 US cities.

Trend impact

MD-grade thesis held: available source material is not specific enough to support a non-generic investor-economist read without overclaiming.

Funding history

Recent · Series C · $590 million · Toyota
Recent · Series D · $380 million · Toyota

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