# Toyota Ventures: portfolio, investments and team

> Toyota Ventures is a vc firm based in United States. 101 investments on record, 31 in the last 12 months, latest Oct 2026.

Source: https://millionrounds.com/fund/toyota-ventures (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Toyota Ventures

Last cheque observed Oct 2026; 101 cheques on record.

Email

Deploying now VC firm

Pre-seed Seed Series A Deep Tech Climate Tech AI

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Deploying now

**91%** of best year **31** **cheques in 12 months**, 101 on record

Since the last cheque **3** days **00** hrs **00** min **00** sec

Median round **$19M** Cheque size, as they say **$100K – $10M** Rounds led **5 of 101** Sole investor **3 rounds** Mostly in **United States, 82%**

Pitch Toyota Ventures

## Toyota Ventures highlights

- 01 31 cheques in the last 12 months
- 02 Mostly Venture and Series A: 58% of its rounds
- 03 Sole investor in 3 rounds, median $23M

## What they do

> As Toyota’s early-stage venture capital arm, Toyota Ventures invests in deep tech and climate tech solutions across a variety of areas. From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $100K – $10M as they say
- **Stages:** Pre-seed Seed Series A Series B Growth
- **Sectors:** Deep Tech Climate Tech AI
- **Based in:** Los Altos, United States
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **101 appearances**

- **2026** 30 rounds
- **Oct** **[Rendezvous Robotics](https://millionrounds.com/company/rendezvous-robotics)** Seed · US · MaC Venture Capital **$20M** *Led*
- **Oct** **[Flai](https://millionrounds.com/company/flai)** Series A · US · LatamList **$27M** With 5 others
- **Oct** **[Tangent Robotics](https://millionrounds.com/company/tangent-robotics)** Pre-seed · US · AlleyWatch **$4.5M** *Led*
- **Sept** **[Hertha Metals](https://millionrounds.com/company/hertha-metals)** Series A · US · Ventureburn **$134M** With 8 others
- **Sept** **[Zymochem](https://millionrounds.com/company/zymochem)** Grant · US **$4.0M** With 2 others
- **Sept** **[Hertha Metals](https://millionrounds.com/company/hertha-metals)** Debt · US **$69M** With 4 others
- **Aug** **[Neuromorphic Labs](https://millionrounds.com/company/neuromorphic-labs)** Seed · US **$5.1M** With 3 others
- **Jul** **[Walden Robotics](https://millionrounds.com/company/walden-robotics)** Seed · US · Google News search **$300M** *Led*
- **Jul** **[Rodatherm Energy](https://millionrounds.com/company/rodatherm-energy)** Grant · US **$8.0M** With 2 others
- **Jul** **[Carbice Corporation](https://millionrounds.com/company/carbice-corporation)** Venture · US **Undisclosed** With 2 others
- **Jun** **[Syzygy Plasmonics](https://millionrounds.com/company/syzygy-plasmonics)** Venture · US **Undisclosed** With 2 others
- **Jun** **[ION Storage Systems](https://millionrounds.com/company/ion-storage-systems)** Venture · US **$2.0M** With 3 others
- **May** **[Orbital Industries](https://millionrounds.com/company/orbital-industries)** Series B · GB · Ventureburn **$50M** With 7 others
- **May** **[Slamcore](https://millionrounds.com/company/slamcore)** GB · Amadeus Capital Partners **$14M** With 8 others
- **May** **[BurnBot](https://millionrounds.com/company/burnbot)** Venture · US **Undisclosed** With 2 others
- **Apr** **[Starfish Space](https://millionrounds.com/company/starfish-space)** Series B · US · Ventureburn **$100M** With 14 others
- **Apr** **[Haiqu](https://millionrounds.com/company/haiqu)** Venture · US **Undisclosed** With 4 others
- **Apr** **[Scentian Bio](https://millionrounds.com/company/scentian-bio)** Seed · NZ **$7.0M** With 3 others
- **Apr** **[Living Carbon](https://millionrounds.com/company/living-carbon)** Venture · US **$21M** With 4 others
- **Mar** **[AutoScience](https://millionrounds.com/company/autoscience)** Seed · Ventureburn **$14M** With 4 others
- **Mar** **[Zeno](https://millionrounds.com/company/zeno)** Series A · KE · Disrupt Africa **$25M** With 6 others
- **Mar** **[Advanced Machine Intelligence](https://millionrounds.com/company/advanced-machine-intelligence)** Seed · FR · Crunchbase News **$1.0B** With 12 others
- **Mar** **[AMI Labs](https://millionrounds.com/company/ami-labs)** FR · TechCrunch **$1.0B** With 24 others
- **Mar** **[Teller Finance](https://millionrounds.com/company/teller-finance)** Venture · US **Undisclosed** With 4 others
- **Mar** **[Alora](https://millionrounds.com/company/alora)** Venture · US **Undisclosed** With 1 other
- **Mar** **[Axiom](https://millionrounds.com/company/axiom)** Series A · US **$200M** With 5 others
- **Feb** **[Efficient Computer](https://millionrounds.com/company/efficient-computer)** Series A · US · Union Square Ventures **$60M** With 5 others
- **Feb** **[Avalanche Energy](https://millionrounds.com/company/avalanche-energy)** Venture · US · Ventureburn **$29M** With 10 others
- **Jan** **[Haiqu](https://millionrounds.com/company/haiqu)** Seed · US · Angel One **$11M** With 7 others
- **Jan** **[AheadComputing](https://millionrounds.com/company/aheadcomputing)** Seed · US **$30M** Sole investor
- **2025** 24 rounds
- **Nov** **[Ecolectro](https://millionrounds.com/company/ecolectro)** US **$2.3M** With 4 others
- **Oct** **[Stoke Space](https://millionrounds.com/company/stoke-space)** Growth · US · TechCrunch **$510M** With 5 others
- **Oct** **[Stoke Space](https://millionrounds.com/company/stoke-space)** Series D · US **$860M** With 4 others
- **Oct** **[Pila Energy](https://millionrounds.com/company/pila-energy)** Seed · US **$4.0M** With 3 others
- **Oct** **[May Mobility](https://millionrounds.com/company/may-mobility)** Venture · US **Undisclosed** With 3 others
- **Oct** **[Relectrify](https://millionrounds.com/company/relectrify)** Grant · AU **$16M** With 2 others
- **Oct** **[Agtonomy](https://millionrounds.com/company/agtonomy)** Series B · US **$18M** With 4 others
- **Sept** **[Apex](https://millionrounds.com/company/apex)** Series D · US **$200M** With 6 others
- **Sept** **[Paladin Drones](https://millionrounds.com/company/paladin-drones)** Venture · US **$17M** With 4 others
- **Sept** **[Rodatherm Energy](https://millionrounds.com/company/rodatherm-energy)** Series A · US **$38M** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **1 named**

AM **Adler Mark Jim** Founder and General Partner i Form ADV

We also hold **4** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$928M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Toyota A.i. Ventures Advisors, LLC
- **SEC number:** CRD 299431

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 1 we have independently watched raise

announced its acquisition

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## The cheque

Pre-seed Seed Series A

Median round joined **$19M** the round, not its cheque Alone, median **$23M**

Led 5 of 101 rounds **5%**

- **Said size:** $100K – $10M
- **Sole investor:** 3 rounds
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Venture *30*
- Series A said *22*
- Seed said *15*
- Series B said *13*
- Grant *5*
- Debt *4*
- Pre-seed said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) 12
- [Y Combinator](https://millionrounds.com/fund/y-combinator) 12
- [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) 11
- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) 11
- [TA Ventures](https://millionrounds.com/fund/ta-ventures) 10
- [MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) 5

**Pitching Toyota Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Toyota Ventures. A count of rooms they were both in, not a relationship either has claimed.

[**Alumni Ventures** VC firm **12** rounds together](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)[**Y Combinator** Accelerator **12** rounds together](https://millionrounds.com/fund/y-combinator)[**Lowercarbon Capital** VC firm **11** rounds together](https://millionrounds.com/fund/lowercarbon-capital)[**National Science Foundation** Government **11** rounds together](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)[**TA Ventures** VC firm **10** rounds together](https://millionrounds.com/fund/ta-ventures)[**MaC Venture Capital** VC firm **5** rounds together](https://millionrounds.com/fund/mac-venture-capital)[**Temasek Holdings** VC firm **5** rounds together](https://millionrounds.com/fund/temasek)[**8VC** VC firm **4** rounds together](https://millionrounds.com/fund/8vc)[**Gaingels** Private equity **4** rounds together](https://millionrounds.com/fund/gaingels)[**Khosla Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/khosla-ventures)[**Pear VC** VC firm **4** rounds together](https://millionrounds.com/fund/pear-vc)[**Samsung Next** Corporate VC **4** rounds together](https://millionrounds.com/fund/samsung-next)

## Recently backed

The latest companies Toyota Ventures put money into.

[**Rendezvous Robotics** $20M · Oct 2026](https://millionrounds.com/company/rendezvous-robotics)[**Flai** $27M · Oct 2026](https://millionrounds.com/company/flai)[**Zymochem** $4.0M · Sept 2026](https://millionrounds.com/company/zymochem)[**Neuromorphic Labs** $5.1M · Aug 2026](https://millionrounds.com/company/neuromorphic-labs)[**Walden Robotics** $300M · Jul 2026](https://millionrounds.com/company/walden-robotics)[**Carbice Corporation** Jul 2026](https://millionrounds.com/company/carbice-corporation)

## On podcasts

1 episode naming Toyota Ventures in the title.

- [Equity](https://millionrounds.com/podcasts/equity) 25 Sept 2024 · 22 min The hydrogen plateau and IRA funding crutch with Toyota Ventures' Lisa Coca With [Lisa Coca](https://millionrounds.com/person/lisa-coca-3) Mentions [Toyota Ventures](https://millionrounds.com/fund/toyota-ventures) Apple PodcastsShow page

## Quick answers about Toyota Ventures

### What does Toyota Ventures invest in?

Toyota Ventures invests most often at Venture and Series A (58% of the rounds on record), in sectors such as Deep Tech, Climate Tech and AI.

### How active is Toyota Ventures?

101 investments on record, 31 of them in the last 12 months, and it led 5. The most recent was in Oct 2026.

### What has Toyota Ventures invested in recently?

Its most recent investments on record: Rendezvous Robotics (Seed, Oct 2026), Flai (Series A, Oct 2026) and Tangent Robotics (Pre-seed, Oct 2026).

### How big are Toyota Ventures's cheques?

The median round it joins is $19M. It says it writes cheques of $100K to $10M.

### Does Toyota Ventures lead rounds?

Sometimes: it led 5 of its 101 investments on record (5%).

### Where does Toyota Ventures invest?

Most of the companies it backs are in the United States (82%), the United Kingdom (5%) and France (5%).

### Is Toyota Ventures investing now?

Yes: it is actively investing, with 31 investments in the last 12 months.

### Who does Toyota Ventures invest alongside?

Most often Alumni Ventures (12 rounds together), Y Combinator (12 rounds together) and Lowercarbon Capital (11 rounds together).

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