Toyota is strengthening company-wide efforts to further accelerate CO2 reduction toward its goal of carbon neutrality. As a part of this effort, #toyota has established a global investment fund, the “Toyota Ventures Climate Fund.”
To achieve carbon neutrality, in addition to making our own efforts, we believe that we need to collaborate with like-minded partners. The #toyota Ventures Climate Fund will invest in promising early-stage companies around the world, that are eagerly working on solutions to drive innovation in carbon neutrality.
The #toyota Ventures Climate Fund will be managed by the team at #toyota AI Ventures, which announced today that its company name has been changed to #toyota Ventures (hereinafter referred to as “TV”). TV will serve as the fund manager (GP) on behalf of #toyota, with a total investment of 150 million U.S. dollars.
Toyota Ventures Climate Fund
Investees: Early-stage companies around the world that are eagerly working on solutions to drive innovation in carbon neutrality
Fund size: 150 million U.S. dollars
Operation period: 15 years