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

Toyota is significantly expanding its investment in startups across various stages of development, committing an additional $1.5 billion to support innovation in mobility, climate, AI, and industrial automation. The company announced the creation of Toyota Invention Partners Co., a strategic investment subsidiary with about $670 million in capital focused on early-stage, Japan-based startups with a long-term investment horizon. This new entity complements Toyota’s existing venture arms—Toyota Ventures, which targets early-stage startups, and Woven Capital, which focuses on growth-stage companies. Woven Capital also launched a second $800 million fund aimed at Series B to late-stage startups advancing AI, automation, climate tech, energy, and sustainability, and has become a wholly owned Toyota subsidiary. This multi-tiered investment approach allows Toyota to support startups from the initial invention phase through growth and maturity, with the potential for successful ventures to be integrated into Toyota’s balance sheet. The strategy reflects Toyota’s deepening commitment to the startup ecosystem and its role in developing technologies