Joby Aviation, a California-based aerospace company that has been working on electric aircraft for over a decade, just closed its latest round of financing with $590 million in venture capital funding — and a major new partner.
Toyota will work with Joby to design and build a fleet of vertical takeoff and landing (VTOL) aircraft for use in a ride-hailing service. The Japanese auto giant was part of a previous Joby funding round that closed in 2018, helping the secretive startup raise $100 million. Obviously Toyota liked what it saw, because it stepped up to lead this latest round of fundraising, bringing Joby’s total raise to $720 million. Joby recently announced a deal with Uber to deploy its air taxis on its ride-hailing network —…
Adam E. WilliamsAccount Manager with 20 years experience in Information Technology, Logistics, and Games Industries. Client-centric professional compelled to achieve greater win-win successes through focused solution sales. Striving to attain broader knowledge for greater achievements through continuous learning. Enthusiastic about providing proven customer service, sales, and communication to foster strong business relationships for mutual growth and benefit. I would love to share how my Sales, Business Development, Operations and Account Management experience and education can be a key asset to the success of your team or project.
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