Joby confirms $250 million equity investment from Toyota
Aerotime
MAY 29, 2025
Joby Aviation confirmed on May 27, 2025, the closure of the second tranche of Toyotas previously announced funding round. In October 2024, the Japanese car making group announced an investment of US$500 million in the US advanced air mobility firm, which would be disbursed in two installments of US$250 million. Joby received the first of those installments in late 2024.
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