Toyota AI Ventures is Investing in Robot Startups
Toyota AI Ventures, in partnership with the Toyota Research Institute (TRI), is looking for entrepreneurs to solve problems in the areas of artificial intelligence, automated driving, and robotics. This "Call for Innovation" is designed to spur innovation in robotics, specifically mobile manipulation technologies for assistive robots that help people in and around the home. Despite advances in robotics and industrial automation, Toyota sees a gap. Toyota is looking to invest up to $2M to get assistive robots that can work around and with people in the home. Their goal is to assist startups to develop hardware and software technologies that make robots safer, more useful, and more affordable. Applications are open now through October 31, 2018. Qualified startups will be evaluated for possible funding by Toyota AI Ventures.