Woven Capital
- Company typePrivate
- Founded2021
- HeadquartersTokyo, Japan
- Headcount11–50
- GTM typeB2B
- OfferingServices
Woven Capital firmographics
Firmographics- Name
- Woven Capital
- Legal name
- Woven Capital Management Company, LLC
- Website
- https://www.woven.vc
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Woven Capital industry classification
Industry- Product category
- Corporate Venture Capital
- NAICS
- Other Financial Vehicles (525990)
- SIC
- Miscellaneous Business Credit Institution (6159)
- akta.pro primary industry
- Corporate Innovation & Technology Scouting Units (with investment mandate) (FSANAHAI)
Keywords
Where Woven Capital is headquartered
LocationHeadquarters
- HQ city
- Tokyo
- HQ country
- Japan
- HQ region
- Asia
Offices6 records
Markets served
Woven Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Fund management services to Toyota Motor Corporation (LP): Woven Capital Management Company, LLC provides investment management, portfolio monitoring, valuation (ASC 820), financial reporting, capital call/distribution administration, and governance services to its sole institutional LP, Toyota Motor Corporation. Management fees are charged on committed/deployed capital in line with industry CVC convention.
- Capital appreciation and carried interest from portfolio investments: Returns to the fund and its LP generated through capital appreciation on direct growth-stage equity investments ($10–50M tickets in Series B+ rounds) and, where applicable, carried interest on profitable exits. Woven Capital Fund II is sized at $800M; combined with Fund I, AUM totals $1.6B.
- Recurring management fee revenue on AUM: Recurring percentage-based management fees charged on committed and/or invested AUM, consistent with standard venture fund economics; charged by Woven Capital Management Company, LLC to its LP.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Single growth-stage fund strategy with $10M–$50M check size, Series B+ stage focus. |
Go-to-market motion5 records
Distribution channels1 record
Marketing channels8 records
Woven Capital product offering
Product offeringCore offering
Woven Capital is a growth-stage corporate venture capital firm that invests $10M–$50M per round in Series B+ companies across mobility and new technologies, the industrial value chain, and decarbonization and circular economy themes. The firm manages $1.6 billion in assets under management through Fund I and the $800M Fund II (launched September 2025), and provides portfolio companies structured access to Toyota Motor Corporation's 1,000+ global experts for technical collaboration, pilots, and commercial scaleup. Woven Capital is wholly owned by Toyota Motor Corporation and operates as Toyota's dedicated Series B+ growth-stage investment vehicle, complementing Toyota Ventures (early-stage) and Toyota Invention Partners (~$670M Japanese subsidiary).
Product overview
Woven Capital operates a platform-plus-modules architecture for Toyota's growth-stage venture capital activities, anchored by two core investment funds. The flagship is Woven Capital Fund I (founded 2021, $1.6 billion AUM), with investments sized $10M-$50M in Series B+ rounds across AI, automation, energy, sustainability, and digital infrastructure. In September 2025, Woven Capital expanded the platform with Fund II at $800 million, targeting 20-25 new investments in AI, automation, climate technology, energy, and sustainability. Layered on top is the Portfolio Success Services module, which actively connects portfolio companies to Toyota's global network of 1,000+ experts and in-house specialists to drive growth, prototyping, and scaleup — more than 80% of portfolio companies work with Toyota Group. The Venture Atlas platform (atlas.woven.vc) is referenced as an external-facing resource from the site navigation. Geographically, Woven Capital operates offices in Tokyo, London, New York, Plano (Texas), Seattle, and Silicon Valley (Palo Alto), with fund ownership consolidated under Toyota Motor Corporation as of July 1, 2025.
Differentiator
Problem solved
Functional benefit
Products and services
- Woven Capital Fund I Woven Capital's flagship growth-stage venture capital fund established in 2021, investing $10M–$50M per round in Series B+ companies across mobility and new technologies, the industrial value chain, and decarbonization and circular economy themes. Targets founders and CEOs with proven product-market fit and global ambition, with portfolio companies gaining structured access to Toyota's 1,000+ global experts for technical collaboration, pilots, and commercial scaleup.
- Woven Capital Fund II Second growth-stage venture fund launched at $800 million USD in September 2025. Targets 20–25 new investments in AI, automation, climate technology, energy, and sustainability companies aligned with Toyota's mobility transformation strategy. Continues the same $10M–$50M Series B+ ticket size and Portfolio Success support model established with Fund I.
- Portfolio Success Services Active portfolio support program that connects portfolio companies to Woven Capital's global network of 1,000+ Toyota experts and in-house specialists for guidance, prototype development, and global scaleup. Includes dedicated Portfolio Success staff in London, Tokyo/Nagoya, and the US, with more than 80% of portfolio companies actively collaborating with Toyota Group business units for pilots, customer introductions, and product collaboration.
- Venture Atlas Publicly accessible ecosystem mapping platform hosted at atlas.woven.vc that visualizes Toyota's startup and innovation network. Reachable from the Woven Capital main site navigation as an external-facing resource for founders, corporates, and the CVC community to explore Toyota's innovation ecosystem.
Quantifiable outcome
- $1.6B in Assets Under Management across Fund I and Fund II
- +5 more outcomes
Companies that use Woven Capital
Customer profileNamed customers18 records
Segments5 records
Ideal customer profiles3 records
Woven Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Woven Capital partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered sister / strategic and flagship / parent.
- Toyota Invention Partners (TIP)sister / strategicSister strategic investment subsidiary established by Toyota Motor Corporation in September 2025 with 100 billion yen (~$670M USD) in capital; focuses on early-stage startup investments in Japan and other regions. Michiko Kato serves as CEO of TIP and CIO of Woven Capital, creating formal operational linkages between the two entities.
- Toyota Motor Corporationflagship / parentWoven Capital is wholly owned by Toyota Motor Corporation; ownership was transferred from Woven by Toyota to Toyota Motor Corporation effective July 1, 2025 as part of Toyota's transformation into a mobility company. Toyota is the sole institutional LP and provides Woven Capital's permanent capital base, AUM, access to 1,000+ global experts, and the operational Toyota Group ecosystem that more than 80% of portfolio companies leverage.
- Toyota Venturessister / strategicSister early-stage venture fund within the Toyota Group; Woven Capital refers early-stage opportunities to Toyota Ventures, while Toyota Ventures co-invests and hands off growth-stage deals to Woven Capital. Both have backed Third Wave Automation since 2021, demonstrating an active co-investment pipeline.
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
Woven Capital competitors and assessment
Company assessmentBroad incumbents
- Airbus Ventures: Airbus's CVC arm investing in aerospace, mobility, and dual-use deep tech. Comparable as a large industrial OEM CVC with similar growth-stage check sizes; co-investor in CesiumAstro alongside Woven Capital.
Direct peers
- BMW i Ventures: BMW Group's corporate venture capital arm investing in mobility, transportation, AI, and sustainability at growth stages. Directly comparable as a global OEM CVC with similar Series B+ ticket sizes and strategic OEM value-add thesis.
- Toyota Ventures: Toyota's seed/early-stage CVC, sister fund to Woven Capital under the Toyota Group. Directly comparable as an OEM-backed mobility-focused CVC, with explicit referral and co-investment linkages to Woven Capital (e.g., co-investment in Third Wave since 2021).
- Honda Innovations: Honda's Silicon Valley-based CVC investing in mobility, energy, and robotics startups. Comparable Asian OEM CVC with similar strategic value-add model and growth-stage ticket sizes in mobility adjacencies.
- Porsche Ventures: Porsche AG's corporate venture arm investing in mobility, automotive tech, sustainability, and digital customer experience. Closely comparable as a premium OEM CVC with global reach and strategic OEM network access for portfolio companies.
- Stellantis Ventures: Stellantis's corporate venture arm investing across electrification, autonomous driving, and connected vehicles. Comparable OEM CVC with global mandate and similar Series B+ deployment profile.
- Volvo Cars Tech Fund: Volvo Cars' strategic investment fund focusing on automotive tech, electrification, autonomy, and digital mobility. Directly comparable as an OEM CVC; co-investor with Woven Capital in Foretellix alongside NVIDIA.
- Hyundai Cradle: Hyundai Motor Group's CVC investing in mobility, smart cities, robotics, and clean energy. Directly comparable in OEM-anchored thesis, global deal sourcing, and post-investment corporate venture support model.
- Mercedes-Benz Mobility (formerly EQ): Mercedes-Benz Group's strategic investment arm focused on mobility, EV, autonomy, and digital services. Directly comparable as a global OEM CVC deploying growth-stage capital with strategic value-add from a major automaker's ecosystem.
- GM Ventures: General Motors' corporate venture capital arm investing across mobility, electrification, and software-defined vehicles. Directly comparable OEM CVC with similar strategic value-add model, including deep portfolio engagement with GM business units.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Woven Capital social profiles
Digital presenceWoven Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Woven Capital leadership team
Management profileNumber of profiles
Profiles13 records
Woven Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Woven Capital M&A and investment
M&A and investmentM&A
Investments25 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Woven Capital
What does Woven Capital do?
Woven Capital is a growth-stage corporate venture capital firm that invests $10M–$50M per round in Series B+ companies across mobility and new technologies, the industrial value chain, and decarbonization and circular economy themes. The firm manages $1.6 billion in assets under management through Fund I and the $800M Fund II (launched September 2025), and provides portfolio companies structured access to Toyota Motor Corporation's 1,000+ global experts for technical collaboration, pilots, and commercial scaleup. Woven Capital is wholly owned by Toyota Motor Corporation and operates as Toyota's dedicated Series B+ growth-stage investment vehicle, complementing Toyota Ventures (early-stage) and Toyota Invention Partners (~$670M Japanese subsidiary).
Is Woven Capital a public or private company?
Woven Capital is a private company. It is classified as corporate owned and is currently operating.
When was Woven Capital founded?
Woven Capital was founded in 2021. It employs 11 to 50 people.
Where is Woven Capital based?
Woven Capital is headquartered in Tokyo, Japan, in the Asia region.
How does Woven Capital make money?
Three revenue lines are on record. Fund management services to Toyota Motor Corporation (LP) is the primary driver. The others are capital appreciation and carried interest from portfolio investments and recurring management fee revenue on AUM.
Who are Woven Capital's main competitors?
Airbus Ventures is listed as a broad incumbent. Direct peers are BMW i Ventures, Toyota Ventures, Honda Innovations, Porsche Ventures, Stellantis Ventures, Volvo Cars Tech Fund, Hyundai Cradle, Mercedes-Benz Mobility (formerly EQ) and GM Ventures.
Does Woven Capital have an API?
No public API is recorded for Woven Capital.
What industry is Woven Capital in?
Woven Capital's product category is Corporate Venture Capital. Its primary akta.pro industry code is FSANAHAI, Corporate Innovation & Technology Scouting Units (with investment mandate). Its NAICS code is 525990 and its SIC code is 6159.