Blog Entrepreneurship

Call for Applications: Toyota Ventures 2022 Grants ($500K-$2M)

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.




Table of Contents

About Toyota

Toyota Motor Corporation is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on August 28, 1937. Toyota is one of the largest automobile manufacturers in the world, producing about 10 million vehicles per year. The company was as a spinoff of Toyota Industries, a machine maker started by Sakichi Toyoda, Kiichiro’s father. Both companies are now part of the Toyota Group, one of the largest conglomerates in the world.




Aim and Benefits 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.

Requirements for Toyota Ventures Grants Qualification

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





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
  • Cybersecurity and data analytics
  • Worker training and safety tools




How to Apply

Interested and qualified? Go to Toyota on toyota.ventures to apply

Please apply online here, and attach a pitch deck in PDF format that contains no more than 12 slides. Your pitch deck should address the following:

  • How your solution addresses the problem identified in this call for innovation
  • The market opportunity and your current traction
  • Your business model and go-to-market strategy to deliver value to customers
  • Your company’s technology and how you’re applying it to the problem
  • Founding team’s background and expertise
  • The competitive landscape and how your approach is unique
  • Financial performance, and projections
  • Funding history, if any

For more details, click here

Application Deadline

May 31, 2022

More Posts

Latest Job Vacancies

 

 

 

[email-posts-subscribers namefield=”YES” desc=”Enter your name and email below to receive free updates.” group=”Public”]