Silicon Valley-based venture capital firm Toyota AI Ventures unveiled a global “call for innovation” today in partnership with the Toyota Research Institute.
Designed to spur entrepreneurial innovation by identifying key technology gaps, the initiative uses a call-and-response approach to offer promising startups the opportunity to secure from $500,000 to $2 million in venture capital funding from Toyota AI Ventures, as well as the possibility of partnering on a proof of concept project with TRI.
The first call, developed in conjunction with TRI’s world-class robotics group, focuses on improving mobile manipulation technology for assistive robots that can help people in and around the home. [Read more…] about Toyota offering up to $2 million to each and every selected robotics startup