Toyota-backed fund Mirai Creation Investment supplied the funding as part of a strategic partnership agreed by the carmaker and car sharing platform Getaround.
Automotive manufacturer Toyota has invested an amount reported by Nikkei on Friday to be $10m in US-based car sharing platform Getaround as part of a strategic partnership announced by Toyota yesterday.
The funding was provided through Mirai Creation Investment Limited Partnership, the investment fund backed by Toyota and financial services firm Sumitomo Mitsui Banking Corporation.
Founded in 2009, Getaround operates an online peer-to-peer service that enables users to list their cars, which can then be shared with and rented by…