Toyota Ventures

Toyota Ventures is a seed-stage venture capital firm that invests in startups around the world.

ActiveCorporate Venture CapitalVenture Capital

Website LinkedIn X

Updated: Feb 17, 2026 ·

Financial History

Total Raised

N/A

Valuation

N/A

Investments Made

Date	Company	Round	Lead Investor(s)	Co-Investor(s)
Feb 3, 2026	Avalanche Energy	$29.0M Venture Round	RA Capital Management	8090 Industries, Congruent Ventures, Founders Fund, Lowercarbon Capital, Overlay Capital
Jul 1, 2025	AirGarage	$23.0M Series B	—	Abstract Ventures, Andreessen Horowitz, DCM, Felicis Ventures, Floodgate, Forerunner Ventures, Founders Fund, General Catalyst, Khosla Ventures, Lux Capital, Maniv Mobility, Next47, Scribble Ventures, Sequoia Capital, Seven Seven Six, Thrive Capital, Two Sigma Ventures, Uncork Capital, Austin Ogilvie, Chris Bennett, Dylan Field, Jacob Kerzner, Justin Mateen, Prescott Watson, Sri Batchu
Jul 1, 2025	PlayerZero	$5.0M Seed	—	645 Ventures, 8VC, Abstract Ventures, Bennett Siegel, Kevin Hartz, Adverb Ventures, Alchemy Ventures, Alt Capital, Ben Taft's Genius Ventures, Citi Ventures, Craft Ventures, DFJ, DST Global, Expa, Felicis Ventures, First Round Capital, Forerunner Ventures, Foundation Capital, Foundry Group, Fuel Capital, Green Bay Ventures, Greylock, High Alpha, Intel Capital, LGF, Liquid 2 Ventures, Maniv Mobility, Matrix, Maverick Capital, Nyca Partners, Radical Ventures, Scribble Ventures, Seven Seven Six, SignalFire, South Park Commons, SV Angel, Thayer Ventures, Thrive Capital, Two Sigma Ventures, Uncork Capital, Underscore VC, Weekend Fund, WndrCo LLC, Y Combinator, Amjad Masad, Austin Ogilvie, Chris Bennett, Daniel Kan, Deborah Liu, DJ Patil, Drew Houston, Dylan Field, Eric Futoran, Evan Moore, Fidji Simo, Guillaume Luccisano, Guillermo Rauch, Howie Liu, Jacob Kerzner, Jason Kay, Justin Mateen, Kevin Lin, Marc Benioff, Mark Pincus, Mike Abbott, Mike Liu, Mike Vernal, Nate Matherson, Nitay Joffe, Prescott Watson, Quinn Slack, Shishir Mehrotra, Stewart Butterfield, Tobias Lutke, Yan-David Erlich
Jun 1, 2025	Warp	$10.0M Series A	—	ACME Capital, Addition, Alumni Ventures, Andreessen Horowitz, Basecamp Fund, Bee Partners, Blue Bear Capital, Bond, Contrary Capital, Craft Ventures, Floodgate, General Catalyst, Giant Ventures, Giza Polish Ventures, Greylock, Frederique Dame, Haystack, IVP, Kleiner Perkins, Klossy, LAUNCH, Lux Capital, Makers Fund, Maniv Mobility, Matrix, Menlo Ventures, Next Play Ventures, Hans Tung, Sequoia Capital, Seven Seven Six, Slow Ventures, The General Partnership, The House Fund, Tribe Capital, Ultratech Capital Partners, Ulu Ventures, UP.Partners, Venture Highway, Volition Capital, Workday Ventures, Y Combinator, Adam Back, Amjad Masad, Arash Ferdowsi, Balaji Srinivasan, Bradley Horowitz, Catherine Lu, Ding Zhou, Drew Houston, Dylan Field, Elad Gil, Emmett Shear, Gokul Rajaram, Henry Kravis, Jonathan Wasserstrum, Kelvin Beachum Jr., Kevin Weil, Kyle Vogt, Manish Chandra, Marc Benioff, Nico Rosberg, Sahin Boydas, Sam Altman, Tony Xu
Apr 1, 2025	Near Space Labs	$20.0M Series B	—	Bold Capital Partners, Crosslink Capital, General Catalyst, Insight Partners, Leadout Capital, March Capital, Keith Masback
Apr 1, 2025	Exowatt	$35.0M Series A	—	8VC, Abstract Ventures, Afore Capital, Andreessen Horowitz, Atomic, Bora&Sons, Caffeinated Capital, Cubit Capital, Felicis Ventures, Forerunner Ventures, Founders Fund, Gaingels, General Catalyst, Great Oaks Venture Capital, Hitachi Ventures, iNovia Capital, Maniv Mobility, NightDragon, Scribble Ventures, Seven Seven Six, Softbank Group, Streamlined Ventures, SV Angel, The Hit Forge, Thrive Capital, Trajectory Ventures, Two Sigma Ventures, Uncork Capital, UpHonest Capital, Walden Catalyst Ventures, Y Combinator, Austin Ogilvie, Chris Bennett, Dylan Field, Elad Gil, Jacob Kerzner, Jeff Bezos, Justin Mateen, Leonardo DiCaprio, Paul Graham, Prescott Watson, Richard Branson, Sam Altman, Thomas Tull
Aug 1, 2024	Anjuna	$25.0M Series B	—	1984 Ventures, 5eyes Ventures, Anorak Ventures, Crosslink Capital, Founder Collective, Founders Fund, General Catalyst, Insight Partners, JetBlue Technology Ventures, March Capital, NewView Capital, Partech Ventures, Playground Global, SineWave Ventures, Uncorrelated Ventures, Jeffrey Wilke, Justin Mateen
Jun 1, 2024	Argon AI	$6.0M Seed	—	Bold Capital Partners, Crosslink Capital, Leadout Capital, Keith Masback, Insight Partners, Y Combinator
Apr 1, 2024	Exowatt	$20.0M Seed	—	8VC, Abstract Ventures, Afore Capital, Andreessen Horowitz, Atomic, Bora&Sons, Caffeinated Capital, Cubit Capital, Felicis Ventures, Forerunner Ventures, Founders Fund, Gaingels, General Catalyst, Great Oaks Venture Capital, Hitachi Ventures, iNovia Capital, Maniv Mobility, NightDragon, Scribble Ventures, Seven Seven Six, Softbank Group, Streamlined Ventures, SV Angel, The Hit Forge, Thrive Capital, Trajectory Ventures, Two Sigma Ventures, Uncork Capital, UpHonest Capital, Walden Catalyst Ventures, Y Combinator, Austin Ogilvie, Chris Bennett, Dylan Field, Elad Gil, Jacob Kerzner, Jeff Bezos, Justin Mateen, Leonardo DiCaprio, Paul Graham, Prescott Watson, Richard Branson, Sam Altman, Thomas Tull
Apr 1, 2024	Hailo	$120.0M Series C	—	2150, ABB Technology Ventures, LocalGlobe, Nec Corporation, OurCrowd, Gil Agmon, Noah Pickholtz, Richard Branson, Zohar Zisapel
Feb 1, 2024	River	$40.0M Series B	—	Abstract Ventures, Eclipse Ventures, Founders Fund, Lowercarbon Capital, Menlo Ventures, Polychain Capital, Thirty Five Ventures, Prescott Watson, Steve Lee
Feb 1, 2024	Lilac Solutions	$150.0M Series C	—	Breakthrough Energy Ventures, Energy Impact Partners, Founders Fund, Kleiner Perkins, Lowercarbon Capital, Microsoft, Polychain Capital, Prescott Watson, Steve Lee
Feb 1, 2024	Orbital Materials	$16.0M Series A	—	—
Jan 1, 2024	Arcee.ai	$6.0M Seed	—	Flybridge Capital Partners, Grit Ventures, Andrew Wheeler, Momenta Ventures, Ravelin Capital, Village Global
Jan 1, 2024	Burro	$24.0M Series B	—	Flybridge Capital Partners, Grit Ventures, Andrew Wheeler, Momenta Ventures, Ravelin Capital, Village Global
Dec 1, 2023	Agtonomy	$23.0M Series A	—	2150, Momenta Ventures, Monta Vista Capital, OurCrowd, Noah Pickholtz
Dec 1, 2023	BetterYou	$6.0M Series A	—	Alumni Ventures, Basecamp Fund, Maniv Mobility, UP.Partners, Catherine Lu
Nov 1, 2023	Pathway Medical	$5.0M Seed	—	Bee Partners, BoxOne Ventures, Pioneer Fund
Sep 1, 2023	Carenostics	$5.0M Seed	—	M13
Sep 1, 2023	Deduce	$9.0M Series B	—	Calibrate Ventures, Costanoa Ventures, Foundry Group, Freestyle Capital, G20 Ventures, Galaxy Digital, LDV Capital, M13, March Capital, RRE Ventures, Tribe Capital, True Ventures, Ubiquity Ventures
Sep 1, 2023	Scentian Bio	$2.0M Seed	—	M13
Aug 1, 2023	Intuition Robotics	$20.0M Venture Round	—	2150, Bee Partners, BoxOne Ventures, Crow Holdings, Endeavor8, Microsoft, OurCrowd, Pioneer Fund, Seraphim Space, Vertex Ventures, Viola Ventures, Webtalk Ltd, Marc Benioff
Aug 1, 2023	Trellis Research	$15.0M Series B	—	Kevin Hartz, Adverb Ventures, Alt Capital, Calibrate Ventures, Costanoa Ventures, Craft Ventures, Foundry Group, Jett Fein, Headline (formerly e.ventures), K9 Ventures, March Capital, NextView Ventures, RRE Ventures, Top Tier Capital Partners, Ubiquity Ventures, Adrian Aoun, Christina Cacioppo, Julius Genachowski, Khaled Helioui, Mathilde Collin, Tellef Thorleifsson, Tom Blomfield, Wayne Chang
Jul 1, 2023	SiPhox Health	$17.0M Series A	—	Alumni Ventures, Array Ventures, Bloomberg Beta, Craft Ventures, Eric Rosenblum, Forefront Venture Partners, Gaingels, Geek Ventures, Intel Capital, Norwest Venture Partners, Pareto Holdings, SV Angel, Team Builder Ventures, Unpopular Ventures, Alain Hanover, Bonny Simi, Francis Santora, Jonathan Wasserstrum, Wendell Brooks
Jul 1, 2023	Koop	$4.0M Seed	—	Calibrate Ventures, Costanoa Ventures, Foundry Group, March Capital, Outlier Ventures, RRE Ventures, Ubiquity Ventures, Virta Ventures, WestRiver Group, WestWave Capital, Balaji Srinivasan, Liu Jiang

Financial History

Total Raised

N/A

Valuation

N/A

Leadership Team

Key people at Toyota Ventures.

Leadership Team

Key people at Toyota Ventures.

Deep Dive

Toyota Ventures is an early-stage venture capital firm founded in 2017 as the investment arm of Toyota, focused on backing startups worldwide that develop frontier and climate technologies. Its mission is to help Toyota discover and accelerate disruptive innovations by investing in startups working on artificial intelligence, robotics, mobility, cloud computing, smart cities, digital health, fintech, renewable energy, hydrogen solutions, and carbon neutrality technologies. The firm leverages Toyota’s global network and expertise to support portfolio companies beyond capital, aiding in product development, fundraising, and scaling efforts. Toyota Ventures manages over $800 million in assets and has invested in more than 75 startups globally, including notable companies like Joby Aviation and May Mobility[1][2][3].

Founded in 2017 and based in the San Francisco Bay Area, Toyota Ventures was initially known as Toyota AI Ventures before broadening its focus to include a wider range of frontier and climate technologies. Key partners include David Sokolic, who leads the Frontier Fund II, and Lisa Coca, a partner focused on climate investments. The firm has evolved by launching dedicated funds such as the Frontier Fund II and Climate Fund II, each with $150 million to invest in cutting-edge deep tech and scalable climate solutions, respectively. This evolution reflects Toyota Ventures’ commitment to supporting innovations that align with Toyota’s goals of carbon neutrality and technological leadership[1][2][4].

Core Differentiators

Unique Investment Model: Focuses on early-stage startups with disruptive frontier and climate technologies, combining financial investment with strategic support from Toyota’s global resources.
Network Strength: Access to Toyota’s extensive global network, including technical expertise and strategic partnerships, providing portfolio companies with unique growth opportunities.
Track Record: Over 75 investments since inception, including leaders in aerial ridesharing, autonomous vehicles, and quantum computing.
Operating Support: Dedicated portfolio support team offering guidance in product development, fundraising, marketing, and scaling.

Role in the Broader Tech Landscape

Toyota Ventures rides the wave of accelerating innovation in frontier technologies and climate solutions, sectors critical to the future of mobility, energy, and sustainability. The timing is significant as global markets increasingly prioritize carbon neutrality and advanced technologies like AI, robotics, and quantum computing. Toyota Ventures influences the ecosystem by bridging corporate innovation with startup agility, fostering technologies that can transform industries such as automotive, smart infrastructure, and clean energy. Their investments help catalyze the development and commercialization of breakthrough technologies that address pressing societal and environmental challenges[1][3][4].

Quick Take & Future Outlook

Looking ahead, Toyota Ventures is poised to deepen its impact by expanding its international presence and increasing investments in frontier and climate tech startups. Trends such as AI advancement, autonomous mobility, renewable energy, and carbon capture will shape its portfolio and strategic focus. The firm’s ability to integrate startup innovation with Toyota’s industrial scale and expertise positions it to be a key player in driving sustainable technological progress. As global demand for clean and smart technologies grows, Toyota Ventures’ influence in shaping the future of mobility and climate solutions is expected to strengthen, continuing its mission to discover what’s next for Toyota and society[1][3][4].

Sources

Core Differentiators

Unique Investment Model: Focuses on early-stage startups with disruptive frontier and climate technologies, combining financial investment with strategic support from Toyota’s global resources.
Network Strength: Access to Toyota’s extensive global network, including technical expertise and strategic partnerships, providing portfolio companies with unique growth opportunities.
Track Record: Over 75 investments since inception, including leaders in aerial ridesharing, autonomous vehicles, and quantum computing.
Operating Support: Dedicated portfolio support team offering guidance in product development, fundraising, marketing, and scaling.