Toyota Ventures is the corporate venture capital arm of Toyota Motor, based in Los Altos, California in the San Francisco Bay Area. Founded in 2017, it makes early-stage investments in frontier technology startups worldwide to help bring disruptive technologies and business models to market for Toyota. The firm manages more than $500 million in assets under management and operates focused funds, including the Frontier Fund, which targets artificial intelligence, cloud computing, autonomy, mobility, robotics, smart cities, digital health, fintech, materials, and energy, and the Climate Fund, which targets information technology, energy, materials and resources with a climate emphasis. Toyota Ventures seeks to partner with startups developing breakthrough technologies in AI, robotics, mobility, cloud, climate tech, renewable energy, smart cities, digital health, fintech, and related areas to advance Toyota's innovation agenda.