Toyota Ventures

Toyota Ventures is a San Francisco Bay Area-based venture capital firm founded in 2017. It invests globally in early-stage startups focusing on disruptive technologies and business models, with a mission to drive innovation for Toyota. The firm manages over $500 million across funds like the Frontier Fund (AI, cloud computing, autonomy, mobility, robotics, smart cities, digital health, fintech, materials, energy) and the Climate Fund (innovative carbon neutrality solutions).

Chris Abshire

Senior Associate

Jim Adler

Managing Director

Lisa Coca

Partner, Climate. Fund

Erin Keller

Associate

Nihal Maunder

Analyst

Past deals in Drones

Matter Intelligence

Seed Round in 2024
Matter Intelligence is a technology company specializing in remote sensing. It develops and deploys advanced sensors that employ hyperspectral imaging, capturing detailed spectral information from light to differentiate between various material properties. The company's innovative platform collects previously unattainable data globally, measuring shape, composition, and temperature with high resolution, akin to having both a telescope and microscope in a single device. This enables businesses to monitor infrastructure and facilitate predictive modeling.

Paladin Drones

Seed Round in 2024
Paladin Drones Inc. is a technology company based in Berkeley, California, established in 2018. The company specializes in developing software that enhances the capabilities of drones to support first responders during emergencies. Upon receiving a 911 call, Paladin's software automatically dispatches a drone to the incident location, providing immediate situational awareness through a live video feed streamed back to the responders' application. This system simplifies the deployment process by managing various factors in the background, such as security, safety, weather conditions, and route planning, allowing emergency personnel to focus on their critical tasks.

Boxbot

Series A in 2023
Boxbot develops parcel logistics automation that uses robotics and automated systems to streamline last-mile delivery. The company provides a modular platform that stores, sorts, and sequences packages of varying sizes within warehouses, using robotic conveyors capable of three-dimensional handling and automated buffering storage and retrieval. The solution is designed to increase throughput while reducing physical footprint, enabling denser routing and more intelligent package handling. By addressing core operational challenges in delivery networks, Boxbot aims to lower logistics costs and speed up deliveries for suppliers and consumers. The company is headquartered in Alameda, California.

Xona Space Systems

Venture Round in 2022
Xona Space Systems develops and manufactures position, navigation, and timing satellite solutions for smart transportation and infrastructure. The company operates a constellation of low-cost, low-Earth-orbit satellites to deliver secure navigation and timing services with resilience and high location precision for autonomous vehicles, unmanned aerial vehicles, mobile robotics, and other location-critical applications. Founded in 2019 and based in San Mateo, California, Xona Space Systems aims to enable safe, scalable operation of intelligent systems at scale.

Xona Space Systems

Seed Round in 2021
Xona Space Systems develops and manufactures position, navigation, and timing satellite solutions for smart transportation and infrastructure. The company operates a constellation of low-cost, low-Earth-orbit satellites to deliver secure navigation and timing services with resilience and high location precision for autonomous vehicles, unmanned aerial vehicles, mobile robotics, and other location-critical applications. Founded in 2019 and based in San Mateo, California, Xona Space Systems aims to enable safe, scalable operation of intelligent systems at scale.

Boxbot

Seed Round in 2018
Boxbot develops parcel logistics automation that uses robotics and automated systems to streamline last-mile delivery. The company provides a modular platform that stores, sorts, and sequences packages of varying sizes within warehouses, using robotic conveyors capable of three-dimensional handling and automated buffering storage and retrieval. The solution is designed to increase throughput while reducing physical footprint, enabling denser routing and more intelligent package handling. By addressing core operational challenges in delivery networks, Boxbot aims to lower logistics costs and speed up deliveries for suppliers and consumers. The company is headquartered in Alameda, California.
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