Masataka Otomo will be part of newly established Toyota Invention Partners, which focuses on Japanese mobility tech startups.
Masataka Otomo has taken a role as principal at Toyota Invention Partners, a new $670m strategic investment subsidiary that the Japanese carmaker formed in September last year.
Otomo was a senior associate at QB Capital, a Japanese early-stage venture capital investment firm. He was also a senior associate at Aflac Ventures Japan, a corporate venture capital investment arm of US insurer Aflac.
In his new position, Otomo will identify and support early-stage startups in mobility tech. Toyota Invention Partners is a wholly owned subsidiary of Toyota, with an evergreen capital structure and a mandate to invest in early-stage companies in Japan and elsewhere.
Investee companies can test their products in Toyota Woven City, a living laboratory for scaling mobility technologies in an urban environment.
See all of Toyota’s recent corporate-backed startup deals in the CVC Funding Round Database
