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STATUS Current
FUND Technology

Joby Aviation eVTOL

JOBY Aviation (NYSE: JOBY) is a California-headquartered future mobility company developing and manufacturing an all-electric, vertical take-off and landing (eVTOL) aircraft which are intended to operate as a fast, clean, quiet and affordable air taxi service and commercial passenger transport beginning in 2024.

‘Reinventing possible’, the aircraft will be part of an on-demand commercial aviation service similar to today’s ground-based ridesharing solutions.

JOBY Aviation has spent over a decade developing and testing their zero-emissions aircraft capable of travelling more than 150 miles on a single charge, enabling a pilot and four passengers to leapfrog over congestion below at speeds of up to 200 mph.  The company has a long term vision to build a global passenger service that saves a billion people an hour every day, whilst simultaneously helping to protect our precious planet.

The Jameel Family joined the US$ 820m Series C funding round lead by our long-term mobility partners, Toyota Motor Corporation in 2020 through the JIMCO Technology Fund.

Series C Dec 2020
FOUNDING TEAM
  • JoeBen Bevirt, Founder & CEO
PARTNERS
  • Sky Dayton, Board Member
  • Aicha Evans, Board Member
  • Dr. James Kuffner, Board Member
  • Dipender Saluja, Board Member
  • Matthew Field, CFO
  • Paul Sciarra, Executive Chairman
FOUNDED
website

JOBY is developing a world-class manufacturing facility in Marina, CA and has offices and workshops in Santa Cruz, California; San Carlos, California; Washington, DC, and Munich, Germany.

As well as strategic partnerships with Toyota and Uber, JOBY Aviation has a team of more than 700 engineers and experts working to bring aerial ridesharing to our skies.

In February 2021, JOBY Aviation announced a key milestone agreeing to a ‘G-1’ certification basis for its aircraft with the US Federal Aviation Administration. This agreement details the specific requirements to be met for JOBY’s aircraft to be certified for commercial operations.

And in June the same year, JOBY Aviation announced a partnership with REEF Technology and Neighborhood Property Group to develop takeoff and landing sites for its aerial ridesharing service. REEF is the USA’s largest parking garage operator focused on transforming these underutilized assets into multi-use mobility hubs. These include over 5,000 sites across North America and Europe and could reach some 70% of the American public.

JoeBen Bevirt

Founder & Chief Executive Officer JOBY Aviation

JoeBen Bevirt is the Founder and Chief Executive Officer of JOBY Aviation and has led the team since its inception, more than a decade ago to its listing on the NYSE.

JIMCO Technology Fund recently caught-up with JoeBen for a fascinating insight into how their all-electric eVTOL aircraft is ‘reinventing possible’, to soon be part of an on-demand commercial aviation service similar to today’s ground-based ridesharing solutions.

 

Investments in JOBY Aviation are held in a separate dedicated investment vehicle for US-based investments.

News from our Portfolio Businesses

The brands and business in the JIMCO investment portfolio are making the news around the world as their transformational approach to global challenges is enabling all of us to take steps towards a more beautiful tomorrow.

You can catch-up with some of their latest headlines here:

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November 14, 2022
JOBY Aviation

CNBC recently visited our facilities in Marina for an e...

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October 18, 2022
JOBY Aviation

We’ve officially begun the process to certify our aircr...

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October 17, 2022
JOBY Aviation

Earlier this week, we announced our exclusive partnersh...

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October 14, 2022
JOBY Aviation

Today, we’re excited to open the doors of our pilot

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October 12, 2022
JOBY Aviation

We’ve partnered with Delta Air Lines – the world’s lead...

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October 12, 2022
JOBY Aviation

“Delta Air Lines always looks forward and embraces oppo...

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October 6, 2022
JOBY Aviation

We’re launching our “Living Lab” – a prototype passenge...

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September 30, 2022
JOBY Aviation

Yesterday, the Federal Aviation Administration released...

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September 5, 2022
JOBY Aviation

Today, we pay a high price for access to air

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August 19, 2022
JOBY Aviation

We’ve expanded our existing contract with the U.S. Air ...

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August 19, 2022
JOBY Aviation

In our Q2 Shareholder Letter, we shared a detailed look

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August 4, 2022
JOBY Aviation

JoeBen Bevirt speaking at the White House Summit on Adv...

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July 22, 2022
JOBY Aviation

Manufacturing update: we’ve completed the tail of our f...

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July 22, 2022
JOBY Aviation

Manufacturing update: we’ve completed the tail of our f...

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July 18, 2022
JOBY Aviation

We’re pleased to announce we are the first FAA eVTOL

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July 17, 2022
JOBY Aviation

Hear from our founder and CEO JoeBen Bevirt on Tuesday,

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July 17, 2022
JOBY Aviation

Our CEO JoeBen Bevirt recently told Bloomberg News the ...

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July 7, 2022
JOBY Aviation

Check out last night’s re-airing of CBS News 60 Minutes

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July 4, 2022
JOBY Aviation

“Vertical takeoff is important, so we can take you wher...

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June 10, 2022
JOBY Aviation

Our CEO JoeBen Bevirt spoke with Bloomberg News about J...

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June 2, 2022
JOBY Aviation

A real honor to welcome Toyota North America CEO Tetsuo...

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June 2, 2022
JOBY Aviation

🔈 We recently partnered with NASA – National Aeronauti...

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May 30, 2022
JOBY Aviation

AFWERX Agility Prime has been a fantastic partner and s...

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May 30, 2022
JOBY Aviation

We’re pleased to announce that Joby has received its Pa...

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May 30, 2022
JOBY Aviation

We’re happy that our three-way partnership with the Cit...

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April 30, 2022
JOBY Aviation

Powered by six electric motors, the Joby aircraft is bu...

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April 28, 2022
JOBY Aviation

As part of our progress toward obtaining a Part 135

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April 28, 2022
JOBY Aviation

Our Head of Product, Eric Allison, speaks with eVTOL In...

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April 28, 2022
JOBY Aviation

Tune in to CBS 60 Minutes this Sunday to see

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