Toyota AI Ventures to Fund Robotics, AV Tech

Order Reprints

May 2, 2019—Toyota AI Ventures, a subsidiary of Toyota Research Institute, has a new $100 million fund that will focus on finding and investing in early-stage robotics and autonomous technology startups, reported TechCrunch.

Toyota AI Ventures is a newcomer to the scene. Still, it’s managed to invest in 19 startups since launching in 2017, including Nauto, autonomous shuttle company; May Mobility, social companion cognitive AI startup Intuition Robotics; and Joby Aviation, the electric vertical takeoff and landing passenger aircraft service.

 Its investments have been directed at companies applying AI, data, and cloud technologies to autonomous mobility and robotics.

Related Articles

Toyota to Rival Google, Ford, Tesla with $100M AI Investment

Toyota to Build All-AV City

Toyota Cars to Communicate Via Short-Range Wireless Tech

You must login or register in order to post a comment.