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5 February 2018

Big Deal: Joby completes $100m funding job

Joby Aviation has raised $100m in an Intel Capital-led series B round that included JetBlue Technology Ventures, indicating the rise in air-based corporate venturing.

Author: Robert Lavine, News Editor

Intel Capital, the corporate venture capital unit owned by semiconductor technology provider Intel, has led a $100m series B round for US-based aviation vehicle developer Joby Aviation, showing the advance of aviation technologies.