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

Ethan Sohn

Principal

David Sokolic

Partner

Past deals in Energy Storage

Ecolectro

Series A in 2024
Ecolectro develops scalable, low-cost clean hydrogen energy solutions. Its patented polymer membranes enable efficient hydrogen production using electrolyzers, without the need for precious metals like platinum.

Oxylus Energy

Seed Round in 2024
Oxylus Energy develops innovative technology for converting CO2 into e-fuels. It aims to make carbon capture competitive, scalable, and circular, contributing to a decarbonized future.

e-Zinc

Series A in 2024
e-Zinc develops innovative electrochemical technology for energy storage using zinc metal. This low-cost, flexible solution enables long-duration energy storage, facilitating a transition to renewable energy and a zero-carbon future.

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.

AM Batteries

Series B in 2023
Founded in 2016, AM Batteries specializes in the manufacture of Li-ion batteries using solvent-free electrode technology. This innovative approach aims to enhance energy efficiency, enable faster charging, and reduce production costs.

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.

AM Batteries

Series A in 2022
Founded in 2016, AM Batteries specializes in the manufacture of Li-ion batteries using solvent-free electrode technology. This innovative approach aims to enhance energy efficiency, enable faster charging, and reduce production costs.

e-Zinc

Series A in 2022
e-Zinc develops innovative electrochemical technology for energy storage using zinc metal. This low-cost, flexible solution enables long-duration energy storage, facilitating a transition to renewable energy and a zero-carbon future.

Ecolectro

Seed Round in 2022
Ecolectro develops scalable, low-cost clean hydrogen energy solutions. Its patented polymer membranes enable efficient hydrogen production using electrolyzers, without the need for precious metals like platinum.

Ion Storage Systems

Series A in 2022
Founded in 2015, Ion Storage Systems specializes in manufacturing solid-state lithium-ion batteries. The company serves the defense and aerospace, consumer electronics, and electric vehicles industries by developing energy-dense, safe, and non-flammable batteries using low-cost materials.

Universal Hydrogen

Series B in 2021
Universal Hydrogen is focused on advancing hydrogen aviation by creating a comprehensive hydrogen ecosystem. Founded in 2020 and based in Hawthorne, California, the company manufactures capsule modules designed to safely transport and store hydrogen, which also function as modular fuel tanks that can be directly loaded onto aircraft. By establishing strategic partnerships and developing innovative technologies, Universal Hydrogen aims to deliver an end-to-end hydrogen value chain for aviation, encompassing both hydrogen fuel and hydrogen-powered aircraft. The company also provides a transport and logistics network that utilizes existing freight infrastructure to move hydrogen from production facilities to airports, thereby circumventing the need for expensive new pipelines and storage facilities. This approach supports the transition to carbon-free flight and aims to mitigate the environmental impact of air travel.

Universal Hydrogen

Series A in 2021
Universal Hydrogen is focused on advancing hydrogen aviation by creating a comprehensive hydrogen ecosystem. Founded in 2020 and based in Hawthorne, California, the company manufactures capsule modules designed to safely transport and store hydrogen, which also function as modular fuel tanks that can be directly loaded onto aircraft. By establishing strategic partnerships and developing innovative technologies, Universal Hydrogen aims to deliver an end-to-end hydrogen value chain for aviation, encompassing both hydrogen fuel and hydrogen-powered aircraft. The company also provides a transport and logistics network that utilizes existing freight infrastructure to move hydrogen from production facilities to airports, thereby circumventing the need for expensive new pipelines and storage facilities. This approach supports the transition to carbon-free flight and aims to mitigate the environmental impact of air travel.
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