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.

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.

JetBlue Technology Ventures and Toyota AI Ventures, the respective corporate venturing subsidiaries of airline JetBlue Airways and automotive manufacturer Toyota, also participated.

The round’s investors were filled out by the Singaporean government-owned EDBI, Allen & Company, AME Cloud Ventures, Capricorn Investment Group, 8VC and angel investors Ron…

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