""Toyota is looking for the next new new thing in mobility, climate, AI, and industrial automation. Its answer is $1.5 billion in new capital that will focus on, and invest in, the lifecycle of startups - from the first seeds of an invention through its growth stage and eventually to mature companies. Toyota made two related announcements Tuesday that provide a snapshot of the company's growing interest in the startup ecosystem.""
""One way to think about them (Toyota Invention Partners) is they're bookending what Toyota Ventures and Woven Capital are doing," Kellerman said in a phone interview. "They're doing the really early stage on one end, but then they're maybe doing these longer-term project finance, asset management type of infrastructure investments, that might be a 30-, 40-, 50-year type of investment.""
""Toyota Invention Partners is at the "zero to one" stage, Toyota Ventures covers early-stage, and Woven Capital handles growth stage, he explained. But Toyota Invention Partners may also stick with a startup throughout all of these stages; and if it really scales, it'll go to the balance sheet of Toyota, Kellerman added.""
Toyota is allocating $1.5 billion across new investment vehicles to back startups in mobility, climate, AI, and industrial automation. The company created Toyota Invention Partners Co. with about $670 million to pursue long-term, Japan-focused "zero to one" investments without fixed investment periods. Woven Capital launched an $800 million growth-stage fund to handle later-stage scaling. Toyota Ventures covers early-stage activity, creating coverage across the entire startup lifecycle from seed inventions through growth to maturity. Investments may include long-duration project finance and could migrate to Toyota's balance sheet if companies scale. Woven City offers a physical incubation environment for portfolio startups.
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