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The main investor is Japanese auto giant Toyota, which sees this as a strategic move into aviation and will provide advice to the startup on manufacturing and The latest funding round, Series C, was led by Toyota Motor Corp. In addition to investing $394M in Joby, Toyota will share its expertise in manufacturing, quality and cost controls for the development and production of Joby Aviation’s breakthrough eVTOL aircraft. Joby boasts numerous high-profile investors, including Toyota. The automotive giant became a lead investor in Joby's Series C financing with a $394 million investment. Joby Aviation Raises $590 Million in Series C Financing to Launch Air Taxi Service Toyota Motor Corporation Leads the Investment Round with $394 Million Investment Santa Cruz, CA, January 15, 2020 – Joby Aviation, a pioneer in the development of an electric air taxi, has raised $590 million in Series C funding led by Toyota Motor Corporation. Earlier this year, Uber invested $50 million in Joby as part of the company’s Series C financing round.

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2020 — Toyota har investerat 394 miljoner dollar i Joby Aviation, en amerikansk Placeringen gjordes i samband med en Series-C runda på totalt 590 för 2 dagar sedan — Joby Aviation grundare, JoeBen Bevirt, har tillbringat mer än ett då företaget tog upp en serie C-finansieringsrunda på $ 590 miljoner leddes jb01494_0ww 01494_0ww 0ww ww joby griptight one gp magnetic impulse stativ kamera camera ProductDisp Show all~se.netset.etailer.skin0.ui.ProductDisp Show all in Products; Cameras; Communication; Components; Computers; Home/Leisure; Memory; Monitor/TV; Phone; Printing; Programvara; Storage.

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Under the terms of this week’s deal, Joby Aviation will acquire Uber Elevate, while the two parent companies have agreed to integrate their respective services into each other’s apps As the lead investor in Joby’s $590M Series C financing, Toyota is continuing to leverage emerging technologies to provide “Mobility for All.” In addition to investing $394M in Joby, Toyota will share its expertise in manufacturing, quality and cost controls for the development and production of Joby Aviation’s breakthrough eVTOL aircraft. On January 15, 2020, California-based Joby announced the completion of a Series C funding round that raised $590 million in new capital, including $394 million from Japanese automaker Toyota. Other investors included private Saudi Arabian business Abdul Latif Jameel through its investment division Jameel Investment Management Company.

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Joby Aviation secures series C funding round. Santa Cruz’s Joby Aviation secured $590 million from Toyota, for total funding of $720 million in Series C funding.

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Jameel Investment Management Company (JIMCO), the investment arm of Abdul Latif Jameel, has announced its participation in a Series C round of funding for California-based startup Joby Aviation, which recently raised an additional $590 million in capital. This investment comes in addition to a previously undisclosed $50 million investment made as part of Joby’s Series C financing round in January 2020. Under the terms of this week’s deal, Joby Aviation will acquire Uber Elevate, while the two parent companies have agreed to integrate their respective services into each other’s apps As the lead investor in Joby’s $590M Series C financing, Toyota is continuing to leverage emerging technologies to provide “Mobility for All.” In addition to investing $394M in Joby, Toyota will share its expertise in manufacturing, quality and cost controls for the development and production of Joby Aviation’s breakthrough eVTOL aircraft.

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As the lead investor in Joby's $590M Series C financing, Toyota is continuing to leverage emerging technologies to provide "Mobility for All." In addition to 21 Jan 2021 Electric passenger aircraft developer Joby Aero may go public through a merger with a blank-check acquisition firm, or SPAC.