A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland March 5, 2019. REUTERS/Pierre Albouy/File Photo
TOKYO (Reuters) - Toyota Motor Corp's first venture capital fund is investing in startups that help the Japanese automaker refine everyday processes by bringing sharper supply-chain management and robotics to the factory floor, a fund executive said.
The Silicon Valley-based Toyota AI Ventures fund, with $200 million under management, has so far invested in 36 early-stage startups, including self-driving car software firm Nauto, factory video analytics company Drishti and air mobility firm Joby Aviation.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
