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The Toyota Research Institute (TRI) has announced the launch of a new corporate venture capital subsidiary, Toyota AI Ventures.

The $100 million dollar project is designed to provide early-stage financing to start-up technology companies.

TRI will look to continue investment in AI-focused start-ups while also offering them mentorship and support on-site at TRI's Silicon Valley headquarters.

Investment will focus in the areas of:

  • Artificial Intelligence
  • Robotics
  • Autonomous Mobility
  • Data and Cloud Technology

Two of the key start-ups already part of the intiative include:

  • Nauto - a company that provides a technology system, designed for professional drivers and fleet managers, that monitors drivers and the road environment to prevent collisions.
  • SLAMcore - which develops advanced algorithms designed to help technology platforms like autonomous cars to simultaneously build a map of their surroundings and position themselves within it.
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