The Darth Vader balloon is part of the Bristol International Balloon Fiesta, which is taking place from 8-11 August.
The famous balloon has toured the world but never soared over Bristol, the city where it was made, until Thursday, according to a fundraising page on Fundsurfer.com.
Actor David Prowse, who played Vader in the original Star Wars trilogy, was born in Bristol in 1935 and attended Bristol Grammar School.
Bristol International Balloon Fiesta started the fundraising campaign in order to bring the balloon home for a four-day festival to celebrate the icons of the city.
At the time of writing, supporters had donated £5,255 ($6,383).
"We have been able to do this, thanks to your help!" reads the campaign page.
"The funds we've raised so far have covered the costs to bring this impressive balloon to Bristol for the Fiesta."
The balloon is one of 130 that have come from around the world to fly at the Fiesta, which is the largest ballooning event in Europe.
Other unusual balloons on display include a bear, a koala bear and a panther.