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Toyota Ventures on the hydrogen plateau and the IRA funding crutch

TechCrunch LogoTechCrunch2d ago

Toyota Ventures on the hydrogen plateau and the IRA funding crutch - TechCrunch

Quick Summary:

Toyota Ventures started in 2017 to help startups figure out what the future will look like, with an eye toward ensuring Toyota as an automaker and brand would stay at the forefront of innovation.  While the firm initially targeted mobility startups, the crossover into climate tech was a natural progression.

Get ready for a jam-packed episode of Equity, TechCrunch’s flagship podcast about the business of startups!

During the podcast, Coca went on to note that the majority of climate tech investors have already placed one or two bets in hydrogen production, but most of those bets require a lot of capital, and in the absence of demand signals, VCs aren’t ready to add another hydrogen pet to their portfolios.


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Article Details

Author / Journalist: Rebecca Bellan

Category: StartupsBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-25 @ 14:43:27 (2 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 983 words

Reading Time: 6 minutes read

Sentences: 42 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22707901

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Official Website: techcrunch.com

Update Frequency: 1 posts per day

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News Last Updated: 14 hours ago

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