Toyota Ventures

Corporate ventureSEC venture capital fund adviser· Los Altos, Californiatoyota.ventures

Corporate venture, based in Los Altos, California, reporting $928M of fund assets on its funds' Form ADV filings.

Composed from this organization's classification, location and filed figures.

Reported fund assets
$928M
sum of its funds' Form ADV filings, last 30 months
New companies, 12 mo
3
Investment team
1
Latest vintage
2023
As of · the latest observation of this organization; filed figures are as of its latest Form ADV

27 additional co-investors and affiliates, 9 additional investments, funds and LPs, 3 events, 1 verified contact (1 firm phone)

Every relationship, signal and contact on this record, with the source on each.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

What matters now

  1. 3 companies
    new in 12 months

    3 new companies in the last 12 months.

    A firm writing cheques this quarter is one a founder can pitch now.

    Factfunding announcements, Form D, the firm's portfolio pageFor Founders, co-investorsInvestments →
  2. 1 company
    portfolio raising

    One portfolio company has new financing on record in 6 months without this firm named on the round; the latest on 5 Jun 2026 ($47.8M sold on Form D).

    A portfolio company raising again is a follow-on decision for the firm and a co-investment opening for others.

    FactSEC Form D filingsFor Co-investors, LPs, lendersInvestments →
  3. 3 deals
    with Eclipse Ventures

    Invests most often alongside Eclipse Ventures (3 shared deals) and Triatomic Capital (2 shared deals).

    pair last observed on record 29 Sep 2026, not a deal date · The firms it syndicates with are the likeliest to see the same deals and to fill out its rounds.

    Measuredshared rounds and portfolio companies on recordFor Founders building a round, co-investorsCo-investors →

People to know

View all people
  • Founder And General Partner
    Why: Founder of the firm
    No route on file yet

Relationship network

46 connected entities3 observed rounds3 repeat counterpartiesrounds 2026

From financing rounds and every investor named in them, Form ADV and Form D filings, the firm's funds and team, and disclosed LP commitments in the venture capital graph. A round's amount is the size of the round, not money that moved between two investors.

Some relationships on this record are counted rather than named here. They open with the full profile.

Click any name or line for the rounds and sources behind it. Line weight is rounds together; dashed lines are inferred.

What stands out
Reading the network
  • Sponsor
  • Company
  • Fund or vehicle
  • Person
›How strength and recency are read

Co-investors are read from the rounds: three or more shared rounds is a strong observed relationship, two a repeat co-investor, one a single round. Funds and people are structural. Nothing is scored that a reader cannot check.

Darker lines were active in the last 24 months or are current; lighter lines are older or undated.

How am I connected?

Name your firm, a company or a person, and DFX finds the published routes to Toyota Ventures: a shared portfolio company or board, a prior employer, a co-investor, a shared LP or service provider. Every step is a filed or published record with its source; none is a guess about who knows whom.

See how you connect to Toyota Ventures

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Investing

8 companies on record, 3 new in 12 months

Investments on record

8 companies, 0 partner-attributed
CompanyRoundRolePartnerRound sizeThis investorDateSource
Apex.AIportfolio listingunknownunknownunknownunknownSep 30, 2026Fact Company website
Efficient Computer, Taking on AI's Energy ProblemFunding roundparticipantunknown$97.0MunknownSep 29, 2026Fact Press release
Elementaryportfolio listingunknownunknownunknownunknownSep 26, 2026Fact Company website

Stated thesis versus observed behaviour

8 observed deals
Stated (the firm’s website)
Sectors
not stated or not yet read
Stages
not stated or not yet read
Geography
not stated
Check size
not stated; DFX does not estimate checks from round sizes
Observed (from deals on record)
Stage at participation: no observed deals yet
Stage at first entry: no observed deals yet
Industries, each company once
Hardware and deep tech, Software or Tech-enabled and IT services (1)
lead rate 33%follow-on rate 0%new companies, 12 months 3

Team

1 current, 0 departed

Decision makers

who to call first, and why; then everyone else by function
  • Adler Mark Jim · Founder And General Partner
    Why this person: Founder of the firm; Named with investment responsibility

Ranked by the role the firm or its filing states, a route on file and deals led. Every reason is read from the record, never inferred. Routes are published by the person or the firm (their bio, the team page or a filing) and are revealed on a plan; data bought from a provider is never shown, and a route printed at a firm the person has since left is held back.

Investment team

1 current, 0 departed

Contacts

1 firm phone

1 firm phone on record, each with its source. Values open with the complete profile.

Funds and LPs

7 vehicles, 0 LPs disclosed

Funds and vehicles

7 reported
VehicleTypeVintageLifecycleReported GAVOwnersForm D soldLatest Form D
Toyota Ventures Frontier Fund I, LPFund2023 adv first reportedActive deployment$195M
Jun 25, 2026
2unknownunknown
Toyota Ventures Climate Fund I, LPFund2023 adv first reportedActive deployment$136M
Jun 25, 2026
2unknownunknown
Toyota A.I. Ventures Fund II, L.P.Fund2020 adv first reportedMature$150M
Jun 25, 2026
2unknownunknown

Limited partners

0 LPs, 0 disclosed commitments
No LP commitment on record. An LP edge needs a public disclosure with a quote: a pension report (see Limited partners for the plans read), a fund announcement naming the LP, or a Form ADV owner. The fund page carries the LP’s reported performance.

Known LPs and allocators

0 relationships across the firm's funds, from public pensions and the allocator graph
No allocator names this firm or its funds in a public disclosure DFX holds.

Relationships across DFX

30 co-investors · on 2 other DFX graphs

Co-investors

30 counted from shared deals, for the whole firm
Across DFX and the capital chainon 2 other DFX graphs Show
Across DFX
  • The same institution is held on Private Equity, RIA and Wealth, matched by identifier. See which records
Across the graphs

Toyota Ventures is the same institution as 2 records in Private Equity and RIA and Wealth.

Private Equity1RIA and Wealth1

DFX found 2 relationships across 2 datasets

Which record it is in each graph, what it is called there, and how the two were matched.

Includes 3 days of DFX Intelligence. Then $199/month unless canceled.

Checking your plan…

Evidence and history

8 dated events, 50 observations from 4 sources

Timeline

8 dated events
  1. Jun 25, 2026
    Toyota Ventures Climate Fund II, LP first reported on Form ADV by Toyota Ventures (Venture Capital Fund), GAV $147,027,772
    Fund first reported on Form ADVFundsInferenceToyota Ventures Climate Fund II, LPForm ADV
  2. Jun 25, 2026
    Toyota Ventures Frontier Fund II, LP first reported on Form ADV by Toyota Ventures (Venture Capital Fund), GAV $154,607,326
    Fund first reported on Form ADVFundsInferenceToyota Ventures Frontier Fund II, LPForm ADV
  3. Jun 30, 2023
    Toyota Ventures Frontier Fund I, LP first reported on Form ADV by Toyota Ventures (Venture Capital Fund), GAV $145,229,785
    Fund first reported on Form ADVFundsFactToyota Ventures Frontier Fund I, LPForm ADV
  4. Jun 30, 2023
    Toyota Ventures Climate Fund I, LP first reported on Form ADV by Toyota Ventures (Venture Capital Fund), GAV $153,581,713
    Fund first reported on Form ADVFundsFactToyota Ventures Climate Fund I, LPForm ADV
  5. Jul 1, 2020
    Toyota A.I. Ventures Fund II, L.P. first reported on Form ADV by Toyota A.I. Ventures (Venture Capital Fund), GAV $100,450,809
    Fund first reported on Form ADVFundsFactToyota A.I. Ventures Fund II, L.P.Form ADV

Identity and regulatory footprint

Address, phone, Form ADV filing and ownersForm ADV filed Jun 25, 2026 · 7 private fundsShow
Headquarters
Los Altos, CAadviserinfo.sec.gov
Office address
unknownadviserinfo.sec.gov
Business phone
unknownadviserinfo.sec.gov
SEC adviser type
Exempt reporting adviseradviserinfo.sec.gov
SEC exemption claimed
Venture capital fund adviseradviserinfo.sec.govItem 2.B(1): advises solely venture capital funds
Latest Form ADV
Jun 25, 2026
Private funds reported
7 (7 venture capital funds)adviserinfo.sec.gov
Private fund gross assets, adviser total
$928Madviserinfo.sec.govreported GAV of the funds, the adviser's own number; not fund size, not dry powder
Owners on Schedule A
Toyota Motors North America, Inc. (Shareholder), owns 75% or more; Toyota Research Institute Inc. (Sole Member), owns 75% or more; Toyota Motor Corporation (Shareholder), owns 75% or more

Classification history

Every classification this record has carried1 on recordShow
  1. Sep 12, 2026
    Corporate venture (confirmed, 95%)

Evidence

51 observations from 4 sources
Every observation behind this profile, with its source, date and class
FactValueEffectiveClassSource
Why admittedVC exemption, VC funds reportedJun 25, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserJun 25, 2026FactForm ADV
SEC exemption claimedVenture capital fund adviserJul 30, 2024FactForm ADV
SEC adviser typeExempt reporting adviserJun 25, 2026FactForm ADV
SEC adviser typeExempt reporting adviserJun 25, 2026FactForm ADV
SEC adviser typeExempt reporting adviserJul 30, 2024FactForm ADV
First Form ADV filing2019-01-04Jun 25, 2026FactForm ADV
First Form ADV filing2019-01-04Jul 30, 2024FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-30Oct 1, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-29Sep 30, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-25Sep 26, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-23Sep 24, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-21Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1+panel:2026-09-22Sep 23, 2026FactForm ADV
Adv history loadedadv-hist-1Sep 12, 2026FactForm ADV
Latest Form ADV filing2026-06-25Jun 25, 2026FactForm ADV
Latest Form ADV filing2026-06-25Jun 25, 2026FactForm ADV
Latest Form ADV filing2024-07-30Jul 30, 2024FactForm ADV
SEC statusERA - ActiveJun 25, 2026FactForm ADV
SEC status effective2019-01-04Jun 25, 2026FactForm ADV
Venture share of reported funds1Jun 25, 2026FactForm ADV
Venture share of reported funds1Jul 30, 2024FactForm ADV
Business phoneJun 25, 2026FactForm ADV
Business phoneJul 30, 2024FactForm ADV
HeadquartersLos Altos, CAJun 25, 2026FactForm ADV
HeadquartersLos Altos, CAJul 30, 2024FactForm ADV
Office addressJun 25, 2026FactForm ADV
Office addressJul 30, 2024FactForm ADV
Legal formLimited Liability CompanyJun 25, 2026FactForm ADV
Legal formLimited Liability CompanyJul 30, 2024FactForm ADV
Private funds reported7Jun 25, 2026FactForm ADV
Private funds reported7Jun 25, 2026FactForm ADV
Private funds reported5Jul 30, 2024FactForm ADV
Private fund gross assets (reported)$928MJun 25, 2026FactForm ADV
Private fund gross assets (reported)$928MJun 25, 2026FactForm ADV
Private fund gross assets (reported)$409MJul 30, 2024FactForm ADV
Schedule a diffsadiff-1Jun 25, 2026FactForm ADV
Venture funds reported7Jun 25, 2026FactForm ADV
Venture funds reported7Jun 25, 2026FactForm ADV
Venture funds reported5Jul 30, 2024FactForm ADV
WebsiteJul 30, 2024FactForm ADV
Robotsdisallowed
“robots.txt disallows our user agent”
Sep 16, 2026Fact
How this is scored
Scores, classification basis and filing advisersCorporate venture, confirmedShow
Importance
46
elevated
Active deployment
36
elevated
Emerging
0
low
Freshness
100
high
Corporate ventureSEC exempt reporting adviser

Corporate parent: Toyota Motor Corporation

The inputs behind each score
importance
gav: 0.6 · funds: 0.58 · people: 0.08 · investments: 0.34 · co investors: 0.6
active deployment
investments 12m: 0.38 · fund raising 18m: 0 · people joined 12m: 0 · vintage within 3y: 1 · latest investment at: 2026-09-29
emerging manager
fund count: 7 · reported gav: $928M · first adv filing: 2019-01-04 · years since first filing: 7.7

Fits, record history and connections

scored matches for this investor, every identity change, every edge

Record history

1 dated event on the change ledger, latest event first
  • Adviser's first ADV filing
    2019-01-04source on record

The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.