Toyota adds another $ 1.5 billion to its bet on startups at each stage

Toyota is looking for the next new thing in mobility, climate, AI and industrial automation. Its answer is 1.5 billion dollars in the new capital, which will focus on the life cycle of startups, and invest in it – from the first seeds of invention through the growth phase and ultimately to mature companies.

Toyota provided two related advertisements on Tuesday providing a snapshot of the company’s increasing attention to the start -up system. It also alludes to how these startups and inventions play a role in the city of Al -Mansouj Opened this year.

The Japanese auto company said on Tuesday that it had established a subsidiary for strategic investment, called Toyota, the invention of partners with about $ 670 million of capital, while it launched the woven capital in the growth phase, a second fund worth $ 800 million.

Toyota partners will take the invention of long -term strategic partners that focus on the startups of Japan -based startups, and avoid the traditional fixed investment periods present in other funds. The general partner woven in the capital, George Kellarman, described the company’s invention as a some kind of defense for other investment organizations of the company.

“One of the ways to think about it (Toyota Invention Partners) is that they are reserving what Toyota Ventures and woven capital are doing,” Keelerman said in an interview on the phone. “They are really doing the early stage on one party, but they may fund projects in the long run, and the type of asset management in infrastructure investments, which may be a type of investment 30, 40 and 50 years.”

He explained that Toyota invented the invention partners in the “zero to one” stage, covering the Toyota Vetshers the early stage, and directed the woven capital. But Toyota’s invention partners may also be committed to starting throughout these stages, and if it really holds it, he will go to the public budget in Toyota, as Keelerman added.

Keelerman said that the two advertisers reflect Toyota’s interest in startups – technology and innovation from which it exits.

He said: “The thing that really raises me is that Toyota tends clearly; they are committing more than 3 billion dollars through Toyota invention partners, the woven fund in the first and second capital, and all Toyota projects for projects.” “It is really related to making sure that we can serve the needs of the market and the founders we are working with, because their needs are changing depending on their stage.”

This strategy was clarified in another investment declaration issued on Tuesday. Machina Labs, Advanced Manufacturing, which is based in Los Angeles, which combines artificial intelligence and robots to quickly produce mineral structures, has announced a strategic investment of woven capital and a pilot project with North America Toyota Motor. The auto industry will test Machina Labs manufacturing technology to produce auto plates and accessories. The woven capital and Machina laboratories did not reveal the amount of investment or conditions.

The capital woven, which was launched in 2021 with a fund worth $ 800 million, is still focused on investing in global startups that enter the growth phase. The company has invested in 18 companies from the first box, including Foretellix and Startuper Technowest Technoly Startpe Nuro. It will continue to withdraw the capital from the first fund to support follow -up investments.

This second fund, which is also 800 million dollars, will also target 20 to 25 new investments in the BS to the late companies that progress artificial intelligence, automation, climate technology, energy, sustainability, and more. As part of the new box announcement, the woven capital has also become a subsidiary wholly owned by Toyota.