"Kato officially assumes her greatest challenge yet - CIO of Toyota's Woven Capital and CEO of Toyota Invention Partners. The latter appointment makes her the first female CEO of a wholly owned Toyota subsidiary."
"Woven Capital is the growth-stage venture capital arm of Toyota, focused on backing founders building in mobility, including space, cybersecurity, and autonomous driving."
"We can co-lead, we can make small investments, or we can do an aggressive investment; we try to be flexible. I want to be hands-on. I want to be valuable to startups."
"The promotion of Kato and Mia Panzer to top roles at Woven Capital signals progress for women in the male-dominated world of finance and investments."
Michiko Kato has transitioned from finance to the startup world, now serving as CIO of Toyota's Woven Capital and CEO of Toyota Invention Partners. This marks her as the first female CEO of a wholly owned Toyota subsidiary. Woven Capital focuses on mobility investments, including space and autonomous driving, with an $800 million Fund II. Kato aims to be hands-on and valuable to startups, emphasizing partnership creation. Her promotion alongside Mia Panzer as COO signifies progress for women in the traditionally male-dominated finance sector.
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