Toyota Ventures

Toyota Ventures is a San Francisco Bay Area-based venture capital firm founded in 2017. It invests globally in early-stage startups focusing on disruptive technologies and business models, with a mission to drive innovation for Toyota. The firm manages over $500 million across funds like the Frontier Fund (AI, cloud computing, autonomy, mobility, robotics, smart cities, digital health, fintech, materials, energy) and the Climate Fund (innovative carbon neutrality solutions).

Chris Abshire

Senior Associate

Jim Adler

Managing Director

Lisa Coca

Partner, Climate. Fund

Erin Keller

Associate

Nihal Maunder

Analyst

Past deals in Electrical Equipment

Capow

Series A in 2025
CaPow specializes in providing wireless power solutions tailored for automated robotics fleets, particularly in logistics centers and last-mile delivery scenarios. The company's technology ensures continuous power supply to moving robots, eliminating downtime associated with traditional charging methods. By utilizing adaptive lock-in technology, CaPow optimizes power transfer over a capacitive field, adapting to dynamic variations to maintain efficient energy distribution without the need for cables or connectors.

Relectrify

Series B in 2024
Relectrify specializes in developing and supplying advanced battery control solutions aimed at enhancing the lifespan and reducing the costs of battery storage systems. The company's technology includes cell-level battery management and inverter solutions, which are utilized globally in various applications such as residential, industrial, and grid-scale energy storage. Their offerings are suitable for both second-life and new batteries, ensuring optimal performance and longevity.

Relectrify

Funding Round in 2023
Relectrify specializes in developing and supplying advanced battery control solutions aimed at enhancing the lifespan and reducing the costs of battery storage systems. The company's technology includes cell-level battery management and inverter solutions, which are utilized globally in various applications such as residential, industrial, and grid-scale energy storage. Their offerings are suitable for both second-life and new batteries, ensuring optimal performance and longevity.

Carbice

Series A in 2020
Carbice Corporation, founded in 2012 and based in Atlanta, Georgia, specializes in thermal interface technology components. The company is renowned for its innovative product, Carbice Carbon, which effectively lowers device temperatures and facilitates heat dissipation from product packaging. This technology is designed to meet the performance, reliability, and assembly cost challenges faced in critical sectors such as electronics, energy, and industrial applications. Carbice's thermal interface materials are composed of a composite of recycled aluminum and aligned carbon nanotubes, addressing the growing need for efficient thermal management in electronic devices. In addition to its headquarters in Atlanta, Carbice has an office in London and plans to establish a presence in Toulouse, France, reflecting its commitment to global outreach and innovation in thermal applications.
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