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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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…particularly in Asia. Last week, Pony.ai Inc. held a joint 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…
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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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…for self-driving cars and trucks. Apex.AI Inc. yesterday announced that Daimler Truck AG has made a strategic investment in the company. It did not specify the monetary value. “This strategic investment from Daimler Truck demonstrates its forward-thinking nature by ensuring that our scalable applications continue to drive software-defined vehicle development for the entire industry,” stated Jan Becker, co-founder and CEO…
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…$500B private sector investment in AI infrastructure OpenAI, Oracle, SoftBank Group AI investment $500 billion Toyota merges Bastian Solutions and viastore North America Bastian Solutions; Toyota; viastore Merger Not disclosed Apptronik closes $350M funding from Google, others to scale AI-powered humanoid production Apptronik Series A funding $350 million ABB divests Robotics division to SoftBank Group for $5.375B ABB; SoftBank Group…
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…fundraising round led by Cybernetix Ventures and KST Invest GmbH, with participation from Yamaha Motor Ventures and Digital Media Professionals (DMP). Cambrian said this investment will propel its AI platform, enabling industrial robot arms to perform vision-based tasks across a variety of industries. “We are incredibly excited about the possibilities that our recent fundraising opens up,” said Miika Satori, CEO…
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…Company, which offers artificial intelligence (AI) enabled robotic automation systems that unload trucks, has raised $50 million in series B funding with participation from a strategic customer, Teradyne Robotics Ventures, Toyota Ventures, Ranpak, Third Kind Venture Capital, One Madison Group, Hyperplane, Catapult Ventures, and others. Additionally, in Q3 2024 six customers placed orders for over 30 production robots to deploy…
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…from top investors, including ROKStar Ventures, a subsidiary of Rockwell Automation, a global provider of industrial automation and digital transformation. The company said that the round brings its total funding to $40M, with backing from investors including Toyota Ventures, Interwoven Ventures, MMC Ventures, Amadeus Capital Partners and IP Group. Improving warehouse safety Slamcore said that the investment arrives as global…
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Apex.AI Inc., which has developed safety-certified software for mobility and autonomous applications, today said it has raised $56.5 million in Series B funding. The company said it plans to use the financing to scale up globally and expand into new markets. “Disruptions in mobility such as self-driving, connected vehicles, e-mobility, and shared mobility all rely on software but lack a…
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…manufacturing customization. Pilot program with Toyota, customized manufacturing processes Machina Labs made the announcement UP.Summit 2025 in Bentonville, Ark., alongside a pilot of the technology with Toyota Motor North America and a strategic investment from Woven Capital, Toyota’s growth-stage venture investment arm. “We envision a future where customization is available for every Toyota driver,” said Zach Choate, general manager of…
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…Robot, a developer of “Physical AI” delivering robotic automation systems that unload trucks, announced it has raised $50 million in Series B funding with participation from a strategic customer, Teradyne Robotics Ventures, Toyota Ventures, Ranpak, Third Kind Venture Capital, One Madison Group, Hyperplane, Catapult Ventures and others. Additionally, Pickle announced that it received orders from six customers in the third…
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…seen the positive results our AI and technology have on the older adult population,” stated Dor Skuler, co-founder and CEO of Intuition Robotics. “Beyond the groundbreaking results in reducing loneliness—ElliQ is also seeing an impact on health, wellness, and behavior change.” Founded in 2016, Intuition Robotics said it designed ElliQ to proactively help keep users healthy, engaged, and informed, while…
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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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…Robot Company, a provider of AI-enabled robotic automation systems that unload trucks, today announced it has live pilot implementations unloading tens-of-thousands of packages per month at customer sites in the greater Los Angeles area, and has raised $26 million in series A funding led by Ranpak, JS Capital, Schusterman Family Investments, Catapult Ventures, and Soros Capital. Additionally, Pickle Robot has…
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…large-scale Intelligent Factory. Woven Capital, Toyota’s growth-stage venture arm, Lockheed Martin Ventures, Balerion Space Ventures, and Strategic Development Fund (SDF) invested in the round. Technology growth in manufacturing Machina Labs said that the funding marks a critical inflection point for the company as it scales from breakthrough manufacturing technology to deploying software-defined production infrastructure capable of supporting mission-critical metal structures…
From geometry preparation to AI-assisted analysis, integrated CFD workflows…
Software-based GripperAI manages mixed picking through basic geometry
Safety, communication and motion control components enable smooth operation
North America’s largest robotics and automation event winds down
