Toyota Adds Another $1.5B to Its Bet on Startups at Every Stage

Toyota adds another $1.5B to its bet on startups at every stage

Toyota made two announcements that reflect the automaker's growing interest in startups working on mobility, climate, AI, sustainability, and industrial automation.

Toyota Targets Global AI, Automation, and Climate Startups With $1.5 Billion in New Funds - Tech

Toyota has stepped deeper into the world of innovation with a new $1.5 billion capital that will back startups from the idea stage through to maturity.  The Japanese automaker wants to secure long-term influence in areas such as mobility, climate technology, AI, and automation. Toyota revealed two major developments this week. First, it created Toyota Invention Partners Co. with about $670 million to nurture startups at their earliest stages. Se…

Toyota Launches Strategic Investment Subsidiary and Woven Capital Fund II to Accelerate Transformation into a Mobility Company – EastMud