As a wholly owned subsidiary of Toyota, TIP will build business collaborations by primarily investing in early stage startups in Japan and other companies and inventors who share Toyota's vision of "Inventing our path forward, together." Unlike conventional funds with fixed periods, TIP will take a long-term view, aiming to contribute to Toyota's mission of "Producing Happiness for All" by creating new value with partners and stakeholders. Beyond financial investment, TIP will offer partners access to Toyota's assets-including talent and manufacturing expertise-helping them scale and build enduring frameworks for synergistic collaboration. Together, a broad spectrum of partners will join TIP to shape the future of mobility. This includes startups to established enterprises, as well as early-stage Inventors participating in Toyota Woven City.

In parallel, Woven Capital has launched Fund II, targeting 20-25 new investments in Series B to late-stage companies advancing AI, automation, climate technology, energy, sustainability and more. Since 2021, Woven Capital has invested in 18 companies, led by global investment professionals, and has created new business opportunities within the Toyota Group. To further accelerate strategic partnerships, ownership of Woven Capital was transferred from WbyT to Toyota on July 1, 2025, making Woven Capital a wholly owned subsidiary of Toyota.

Kenta Kon, Operating Officer and Chief Financial Officer of Toyota and CFO and Director of WbyT, appointed as CEO of Toyota Invention Partners said, "To ensure that mobility continues to bring smiles to people and remains vital to society, the Toyota Group has embraced the vision of 'Inventing our path forward, together'. This vision places a particular emphasis on 'Invention', which has always been the foundation of the Group. As Toyota advances its transformation, it is crucial for us to go beyond the Toyota Group itself and work with external partners who bring new businesses and technologies not yet part of Toyota. One important way to enable this collaboration is through partnerships formed through investment. What we value most, however, is to stand with companies who share our aspirations, taking on the challenge of inventing the future together as true partners. By establishing TIP, alongside Toyota Ventures and Woven Capital, which have led our strategic investments to date, we will accelerate collaboration even further, leveraging the strengths of all three to connect with an even broader community of innovators."

George Kellerman, Managing Director of Woven Capital said, "Fund II marks a major milestone in our mission to back global innovators advancing mobility and beyond. As innovation accelerates and technological leaps transform how people, goods, information, and energy move, Toyota's global platform gives these breakthrough companies the ability to scale to billions and improve lives everywhere."

Moving forward, Toyota Invention Partners, Toyota Ventures, and Woven Capital will advance the strategic investments essential to Toyota's future by leveraging and sharing their respective strengths, experience, and expertise.

For more details, please visit: https://global.toyota/en/newsroom/corporate/43359087.html

About Woven by Toyota

Woven by Toyota, a part of the Toyota Group, is challenging the current state of mobility through human-centric innovation and empowering mobility transformation. Through our AD/ADAS technology, our software development platform Arene, and our mobility test course Toyota Woven City, we are pioneering the movement of people, goods, information, and energy, weaving a future of enhanced safety, connectivity and well-being for all.

About Woven Capital

Woven Capital is Toyota's growth-stage venture investment arm focused on realizing the promise of mobility-how people, goods, information and energy can move. Founded in 2021, we are investing 1.6 billion USD in startups that create new ways to support mobility and emerging technologies, advance the industrial value chain, and accelerate decarbonization and circularity. Learn more at woven.vc

Toyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our Guiding Principles in pursuit of a safer, greener and more inclusive society. Today, as we transform into a mobility company developing connected, automated, shared and electrified technologies, we also remain true to our Guiding Principles and many of the United Nations' Sustainable Development Goals to help realize an ever-better world, where everyone is free to move.