Toyota AI Ventures, a subsidiary of Toyota Research Institute has a $100 million fund that will focus on investing in robotics and autonomous technology startups.
May 3, 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 automotive 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.
Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...