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Toyota AI Ventures Announces Call for Innovation at CES® 2020

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What is Toyota’s approach to finding new innovative ideas to enhance living in urban communities? The automotive manufacturer puts out a “Call for Innovation” that invites budding startups to put forward innovative solutions aimed at a venture fund that has been made available to entrepreneurs who can apply for funding from $500,000 up to $2 million. There is no better event than at CES to launch the forward-thinking invitation.

Toyota AI Ventures, a venture capital business based in Silicon Valley, extends the invitation to entrepreneurs of startups in the early stages of growth from across the world. The initiative is managed with the cooperation of the Toyota Research Institute, Advanced Development, well as the Toyota Research Institute.

Call for Innovation Addresses Urban Community Challenges Through Technology

The aim behind the Call for Innovation is to find solutions to urban city challenges such as congestion, population density and pollution. These challenges continue to have a compounding adverse impact on living standards. Toyota AI Ventures in support of its partner organizations who firmly believe that technology can play a major role in addressing these problems.

Who Can Apply For Toyota’s Venture Funding Initiative

Up-and-coming startups that have a key focus in areas of robotics or in the areas of artificial intelligence are particularly sought. Other criteria that need to be met include not having received more than $3 million in funding and maintains a sustainable business model. If you have solutions that can reduce congestion or improve efficiencies in building construction, then Toyota AI Ventures encourages you to get in touch with them for more information.

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