Toyota AI Ventures establishes USD100 million fund to invest in start-ups
New fund brings Toyota AI Ventures’ total assets under management to more than USD200 million
Toyota AI Ventures, the corporate venture capital (CVC) company of Toyota Motor, has established a new USD100 million fund dedicated to investing in early-stage start-ups developing disruptive technologies and business models for automotive and robotics markets, the Japanese automaker said in a press release on 2 May.
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