Toyota Motor Corporation has established a new investment entity, Toyota Invention Partners (TIP), with a capital injection of Y100bn (~ $670m). TIP, which will operate as a fully owned subsidiary of Toyota, will concentrate on nurturing business ties, particularly with early-stage start-ups and innovators in Japan. In addition to financial backing, the subsidiary will give partners access to Toyota's workforce and manufacturing capabilities to help them “scale and build enduring frameworks for synergist ...