The autotmotive manufacturer is pumping $800m into a growth-stage investment vehicle called Woven Capital that will begin operations early next year.
Japan-based carmaker Toyota has added an $800m global growth-stage investment fund called Woven Capital to its early-stage, artificial intelligence-focused corporate venture capital unit. Toyota Research Institute – Advanced Development (Tri-Ad) was launched in March 2018 to oversee the formation of Toyota’s Woven City as an incubator for smart city design, connected mobility, and robotics technology…
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