Joby Aviation is a California-based startup founded in 2009, focusing on shaping the future of transportation. With the slogan, "We’re building quiet, all-electric aircraft to connect people like never before," Joby is on a mission to revolutionize the way people travel. The company's all-electric aircraft are designed to be as quiet as a conversation and have the capability to take off and land vertically, offering a novel approach to urban air mobility and aiming to minimize the acoustic and climate impact of air travel.
The latest investment round saw $9.80M in grant investment on 17 November 2023, with the backing of the Governor’s Office of Business & Economic Development. This investment signifies a vote of confidence in Joby Aviation's vision and technology, affirming the potential and viability of their innovative approach to air transportation.
Joby Aviation's focus on electric aircraft aligns with the growing emphasis on sustainable and eco-friendly travel solutions, making it an attractive investment opportunity in the evolving landscape of transportation and mobility.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $9.80M | 1 | Governor’s Office of Business & Economic Development | 17 Nov 2023 |
Post-IPO Equity | $100.00M | 1 | SK Telecom | 29 Jun 2023 |
Post-IPO Equity | $180.00M | 1 | 03 May 2023 | |
Post-IPO Equity | $60.00M | 1 | Delta Air Lines | 11 Oct 2022 |
Post-IPO Equity | $835.00M | 5 | The Baupost Group | 11 Aug 2021 |