Based in Silicon Valley, Toyota AI Ventures is a new venture capital subsidiary of the Toyota Research Institute (TRI). We invest in entrepreneurs from around the world who share TRI’s commitment to improving the quality of human life through artificial intelligence, with a focus on autonomous mobility, robotics, data and cloud.
Meet Our Entrepreneurs
Intuition Robotics develops social companion technologies to positively impact the lives of millions of older adults by connecting them seamlessly with family and friends, making technology accessible and intuitive, and proactively promoting an active lifestyle. Their first product is Elli•Q, the Active Aging Companion.Learn more
SLAMcore develops visual tracking and mapping algorithms, more commonly referred to as Simultaneous Localization and Mapping (SLAM), for AR/VR systems, mobile robotics and autonomous vehicles. SLAMcore’s solutions help fuse information from multiple sensors into a single version of the truth.Learn more
Nauto combines leading edge vehicle hardware with an artificial intelligence platform to make any car a smart car, alerting professional drivers to potential hazards outside the vehicle or distraction inside and offering fleet managers insight and feedback to help drivers improve.Learn more
Who We Are
Leveraging the technical expertise and resources of TRI and the extended Toyota family, our mission is to help early-stage startups bring disruptive innovations and business models to market quickly by offering funding, validation, mentorship, and incubation facilities. The entrepreneurs who partner with us receive much more than money. We believe their success is our success. It is our mission to support them every step of the journey by providing access to a world-class team and a network with global reach, while giving founders the freedom and flexibility they need to experiment and grow their businesses.
Work With Us
We look for innovators who have the courage and tenacity to tackle important challenges we have yet to solve. It’s the same spirit of innovation that inspired Toyota founder Kiichiro Toyoda and his team to devote themselves to transforming Toyota from a loom maker to an automotive manufacturer in the 1930’s. And it is this same vision that continues to drive Toyota today.
Armed with an initial $100 million to invest, Toyota AI Ventures will seek companies that are taking on challenging research…”
The goal is to accelerate the pace of getting critical new technologies to market.”
Toyota is merging brilliance with a big budget by funding some new cutting-edge technology.”
Bob WolfeBoard Member
Bob has more than 30 years of experience in investment banking, finance, and investment management. Since 2008, he has been the principal of Windy Point, LLC, a private investment and strategic consulting firm. He is currently chairman of Red Lion Hotels Corporation, and a board member of Symetra, Inc.
From 2002 to 2008, he was a partner at Northwest Venture Associates (NWVA), a venture capital fund that invested exclusively in companies based in the Pacific Northwest. Prior to his time at NWVA, Bob was president and chief operating officer of Toronto-based GT Group Telecom, which was Canada’s largest independent local exchange carrier.
He received a bachelor’s degree from Washington State University and a master’s degree in business administration from Pacific Lutheran University.
Gill PrattBoard Member
Dr. Gill Pratt is the chief executive officer of Toyota Research Institute, a research and development enterprise designed to bridge the gap between fundamental research and product development. He also serves as the executive technical advisor to Toyota Motor Corporation.
Dr. Pratt joined Toyota from the United States Defense Advanced Research Projects Agency (DARPA) where he served as a program manager in the Defense Sciences Office. Prior to that, he was a professor and the associate dean of faculty affairs and research at Franklin W. Olin College.
He holds a doctorate in electrical engineering and computer science from the Massachusetts Institute of Technology where he was an associate professor and director of the Leg Lab.
Jim AdlerManaging Director and Board Member
Jim Adler is managing director and board member of Toyota AI Ventures, and vice president at Toyota Research Institute. He also serves on the Department of Homeland Security Data Privacy and Integrity Advisory Committee.
Most recently, Jim was vice president of products and marketing at Metanautix, a big data analytics startup funded by Sequoia Capital and Workday that was acquired by Microsoft. Previously, he was the vice president of data systems and chief privacy officer at Intelius, which was acquired by H.I.G Capital. Intelius also spun-off Talentwise, which was acquired by Sterling Talent Solutions. In addition, he founded VoteHere, a pioneer in cryptographic secure and secret online voting for public elections that was funded by Cisco and HP. Jim started his career as a rocket engineer for Lockheed Martin.
He received his bachelor’s degree in electrical engineering with high honors from the University of Florida and a master’s degree in electrical and computer engineering from the University of California, San Diego.
Kelly KayBoard Member
Kelly Kay is the chief operations officer at Toyota Research Institute (TRI), responsible for human resources, IT, legal/compliance, facilities and overall operations.
Prior to TRI, Kelly served as the vice president of business operations at Lyft, Inc., where she built and led the teams responsible for regulatory compliance, audit & reporting, payments & fraud, and airport operations. She also served as the chief operating officer and president of YapStone, Inc. Prior to serving as an operational leader, she was an attorney for more than 19 years, working at companies such as MasterCard, eBay, PayPal and J.P. Morgan (previously Banc One).
She attended The Ohio State University and Capital University Law School where she graduated summa cum laude.
Natalie Fonseca LicciardiVP, Platform & Marketing
Natalie Fonseca Licciardi is the vice president of platform and marketing at Toyota AI Ventures, responsible for leading the firm’s marketing efforts and spearheading strategic initiatives to support portfolio companies.
Prior to joining Toyota AI Ventures, Natalie consulted with the Toyota Research Institute on data policy and governance. She was also founder and CEO of SageScape, a boutique events and marketing agency specializing in the technology industry, and co-founder and executive producer of Tech Policy Summit and Privacy Identity Innovation. She has worked with several tech startups and media companies, including Vox Media where she served as head of conference development and marketing, and Recode where she led marketing and audience development.
She received a bachelor’s degree in communication studies from the University of California at Los Angeles.
Jasmyne KeimigMarketing Assistant
Jasmyne Keimig is the marketing assistant at Toyota AI Ventures, where she helps craft the brand voice and works on a variety of communications projects, including content development for social media and the company’s blog.
Prior to joining Toyota AI Ventures, Jasmyne worked in Galicia, Spain as an English teaching assistant in primary schools. She also has experience as a radio station manager, responsible for the operations of the longest-running women’s radio station in the country, and she worked as a curatorial intern at the Davis Museum.
Jasmyne graduated from Wellesley College in 2016 with a bachelor’s degree in history.
Shigeki TomoyamaBoard Member
Shigeki Tomoyama is senior managing officer and chief information security officer for Toyota Motor Corporation (TMC). He also serves as chief officer of the business development group, the external affairs & public affairs group, and the information systems group at TMC. In addition, he became president of Connected Company and Gazoo Racing Company in April 2016 and April 2017 respectively.
Prior to his appointment as senior managing officer in 2015, Mr. Tomoyama held several different roles within TMC, including general manager of e-TOYOTA Division and chief officer of the IT group.
He joined TMC after receiving his bachelor’s degree in mechanical engineering from Gunma University in 1981.