Woven Capital, an $800m global investment fund that supports growth-stage companies focused on technology and innovation in mobility, has launched making its first investment in Nuro.
Founded in January 2021 as the corporate venture capital investment arm of Woven Planet Group, the fund invests globally in:
- mobility technologies,
- artificial intelligence,
- data and analytics,
- connectivity, and
- smart cities
It is led by George Kellerman, Managing Director.
Woven Planet Group builds upon the operations of Toyota Research Institute – Advanced Development to bring its vision, “Mobility to Love, Safety to Live” to life. Under this shared goal, Woven Planet Group’s four companies, Woven Planet Holdings, Woven Core, Woven Alpha and now Woven Capital aim to transform how people live, work, and play through new innovations and investment in automated driving, robotics, smart cities, and more.