Joby Aviation Raises $590 million Series C
Joby Aviation has raised $590M in Series C funding led by Toyota, with participation from Toyota, Intel Capital, Uber. Uber makes big bets on travel, hotels and AI voice bookings at annual product showcase The funds will be used to FAA certification and launch commercial air taxi service in 5 US cities.
What it does
Uber makes big bets on travel, hotels and AI voice bookings at annual product showcase This addresses drone Taxi Market Size, Share, Trends & Growth, 2035.
Traction
Drone Taxi Market Size, Share, Trends & Growth, 2035 The company is using its latest financing to scale, with the Series C round serving as the clearest current traction signal in the source bundle.
Trend impact
Drone Taxi Market Size, Share, Trends & Growth, 2035 As adoption in Aerospace, Defense & Space expands, focused products from Joby Aviation can pressure incumbents or broader platforms that do not address the same problem directly.
Funding history
- March 1, 2021 · Series C · $590 million · Toyota
- June 1, 2022 · Series D · $380 million · Toyota
Products & services
- Get Ready capability
- Consumer Air Travel Is About To Change - Investor's Business Daily. Get capability
- Consumer Air Travel Is About To Change - Investor's Business Daily capability
- Investor's Business Daily Why an unproven air taxi company is spending capability
- L.A. airport - Los Angeles Times. Why an unproven air taxi company is capability