Applications are open for the Toyota Ventures Startup Competition 2022.
Are you the founder of a startup working on solutions to modernize manufacturing and enhance sustainable manufacturing? So here is the opportunity for the innovators to get their product or service in front of the Toyota to help make the future factory a reality sooner and jump-start their firm. Toyota seeks potential firms to develop technologies that will enable more competent, more flexible, and networked factories that will empower people while increasing efficiency and sustainability.
This startup competition offers a chance to receive $500,000 to $2 million in venture capital funding through the Frontier Fund or Climate Fund. Toyota ventures also collaborate with Toyota’s Manufacturing Project Innovation Center (MPIC), Toyota Research Institute, and selected companies. The 2022 Toyota Ventures call for innovation is an opportunity for early-stage companies to develop solutions to modernize manufacturing and advance sustainable production.
Toyota invites innovators to submit to the call if the company meets our investment thesis; startups have a working prototype and a viable business plan. They should not have more than $10 million in outside capital.
Here are more details about the Toyota Ventures Startup Competition
Deadline is May 31, 2022