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Toyota Motor Corp.'s first standalone, early-stage venture capital firm, Toyota AI Ventures, yesterday said it will change its name to Toyota Ventures and grow its total assets under management to more than $500 million. The addition of two $150 million early-stage funds—the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund—reflect its commitment to partnering with entrepreneurs and innovators,…
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Toyota Material Handling offers a full line of material handling products and solutions proudly assembled in the United States, including forklifts, reach trucks, order pickers, pallet jacks, container handlers, automated guided vehicles, and tow tractors, along with aerial work platforms, fleet management services, and advanced automation engineering and design. Toyota’s commitment to quality, reliability and customer satisfaction, the hallmark of…
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Toyota Ventures yesterday launched its third global “call for innovation” to search for early-stage companies that can help make the “factory of the future” a reality sooner. Qualified entrepreneurs can apply for an opportunity to receive between $500,000 and $2 million in funding from Toyota Ventures. “We take a founder-first approach to investing, partnering with entrepreneurs to help them bring…
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Toyota Material Handling and Cornell University’s College of Engineering yesterday announced that they have partnered to develop an innovative learning studio that incorporates Toyota equipment to bring immersive engineering education to an entirely new level. The Forklift Learning Studio will be built and developed this summer with a goal of officially launching it to Cornell engineering students at the start…
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…venture signing ceremony today with Toyota Motor (China) Investment Co. and GAC Toyota Motor Co. The three parties said they will work together toward mass production and large-scale deployment of fully self-driving robotaxis. Founded in 2016, Pony.ai said its goal is “to bring safe, sustainable, and accessible mobility to the entire world.” The Fremont, Calif.-based company, which raised Series D…
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Toyota Material Handling and The Raymond Corporation - two providers of material handling technology - will formally integrate into one company under the name Toyota Material Handling North America (TMHNA), effective April 1, 2025. TMHNA announced its commitment to maintaining unique brand identities for both Raymond and Toyota in the marketplace, striving to preserve and enhance its customer relationships. TMHNA…
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…continue deployment programs using the Toyota Sienna Autono-MaaS platform, named for autonomous mobility as a service. May Mobility also plans to begin development of the Toyota e-Palette vehicle. “With the close of this latest investment round, May Mobility will continue to accelerate growth in our technology, business development, and platforms, all with a global reach,” said Edwin Olson, CEO of…
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Third Wave Automation Inc. and Toyota Industries Corp. today announced a strategic partnership to produce the next generation of intelligent, fully autonomous material handling vehicles. The global materials handling equipment market will expand from $211.8 billion (U.S.) in 2019 to $320.9 billion by 2027, at a compound annual growth rate of 5.4%, predicted Fortune Business Insights. It cited the rapid…
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Toyota Motor North America has turned to Symbio Robotics Inc. to make better use of the industrial robots on its assembly lines as it shifts to electric vehicles. Toyota is using the SymbioDCS software framework to program its industrial robots to automate assembly processes and to better take advantage of the robots' artificial intelligence capabilities. “Symbio’s AI-based software gives Toyota’s…
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Toyota Research Institute today opened its doors for the first time to members of the media to showcase the research taking place at its headquarters in Silicon Valley. During the TRI Expo, Gil Pratt, the company’s CEO and chief scientist at Toyota Motor Corp., explained the institute's approaches to challenges including aging populations, climate change, and human understanding. “In the…
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READY Robotics is collaborating with Toyota Motor Corporation and NVIDIA to bring a leap forward in industrial robotics. Toyota will employ READY ForgeOS in tandem with NVIDIA Isaac Sim, a robotics simulator developed on NVIDIA Omniverse, to build a simulated robotic programming environment for its aluminum hot forging production lines. This collaboration is set to enhance safety and efficiency in…
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…Holdings Inc., a subsidiary of Toyota Motor Corp., said yesterday that it has agreed to acquire Level 5, the self-driving division of ride-hailing company Lyft Inc. This marks the first major deal for the newly established Woven Planet and continuing consolidation in the autonomous vehicle space. Woven Planet Group launched in January 2021 as an expansion of the operations of…
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Toyota Industries Corp., or TICO, today announced that it will consolidate its software development efforts for autonomous vehicles, increase its global investments, and establish T-Hive B.V. as a new center of excellence. TICO said the combination of offerings from its group companies will strengthen its brand portfolio and meet the increasing demands of its customers. Sakichi Toyoda founded Toyota Industries…
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The Toyota Research Institute yesterday announced the latest results of its collaborative research program with U.S. academic institutions. This initiative has funded $100 million of research and generated more than 1,250 paper submissions since its inception in 2016, making it one of the world's largest collaborative research programs by an automotive company, said Toyota. “We are deeply satisfied with the…
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…into its operations. Both are Toyota Automated Logistics companies. Operating under the unified Bastian Solutions name, the combined companies said this milestone marks a significant step in its growth journey as part of Toyota Automated Logistics. By combining the strengths of both organizations, the merger aims to create new opportunities for innovation, collaboration, and growth, delivering even more comprehensive automation…
Ultrasonic sensing enhances robotics perception
Cybernetix Ventures’ event kicks off Robotics Tech Week 2026 slate of events
Preview the manufacturing and warehouse components that will be on the…
Preview the manufacturing and warehouse robots and software that will be on…