Application Deadline:
31st May 2022
Tell Me About Toyota Ventures Grants :
Are you the founder of an early-stage company that is developing solutions to modernize manufacturing and advance sustainable production?
Help make the factory of the future a reality sooner, and jump-start your startup by getting your product or service in front of the Toyota Ventures team. We’re looking to invest in promising companies that are creating technologies to enable smarter, flexible, connected factories that will amplify people and improve efficiency and sustainability.
If that sounds like your startup, the 2022 call for innovation is an opportunity to receive between $500,000 and $2 million in venture capital funding from Toyota Ventures through our Frontier Fund or Climate Fund. In addition, we’re partnering with Toyota’s Manufacturing Project Innovation Center (MPIC) and Toyota Research Institute, and selected startups might also get a chance to collaborate with Toyota on a proof-of-concept project.
Which Fields are Eligible for Toyota Ventures Grants ?
Software and/or hardware solutions are welcome, and some of the areas we’re exploring include:
- 3D simulation
- Artificial intelligence and computer vision
- Augmented reality
- Additive manufacturing
- Robotics software and/or hardware (adaptive robots; collaborative robots; autonomous mobile robots)
- Solutions to improve energy efficiency and reduce the carbon footprint in factories
- Technologies to advance electrification and battery manufacturing
- Cybersecurity and data analytics
- Worker training and safety tools
What Type of Scholarship is this?
Entrepreneurship
Who can apply for Toyota Ventures Grants?
The call for innovation is open to startups around the world that meet the following criteria:*
- Your company has raised less than $10 million USD in funding
- You have a working prototype to demonstrate your solution
- Your business model solves a market need and delivers value to customers
How are Applicants Selected?
We are actively reviewing applications on a rolling basis, now through May 31, 2022. Since this is not a contest or competition, all applications will be subject to our usual rigorous review standards. Therefore, we cannot guarantee we will make an investment.
Which Countries are Eligible?
Any
How Many Grants will be Given?
Not specified
What is the Benefit of Toyota Ventures Grants?
- Qualified startups that apply for the call will receive priority screening, so it’s a way to get your solution in front of our team knowing that we are actively looking to invest between $500K-$2M USD.
How to Apply for Toyota Ventures Grants:
If your company fits our investment thesis, you have a working prototype and viable business model, and haven’t raised more than $10 million in outside funding, we encourage you to apply to the call.
It is important to go through all application requirements before applying.
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