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Toyota’s Woven Capital appoints new CIO and COO in push for finding the ‘future of mobility’

She once dropped everything in her native city of Tokyo to attend Harvard Business School in Massachusetts. One day, she decided to leave her career in the stable world of finance to enter the rocky terrain of startup life. That jump is what changed everything.

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She once dropped everything in her native city of Tokyo to attend Harvard Business School in Massachusetts. One day, she decided to leave her career in the stable world of finance to enter the rocky terrain of startup life.

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What happened

She once dropped everything in her native city of Tokyo to attend Harvard Business School in Massachusetts. One day, she decided to leave her career in the stable world of finance to enter the rocky terrain of startup life. That jump is what changed everything.

Why it matters

On Wednesday, Kato officially assumes her greatest challenge yet — CIO of Toyota’s Woven Capital and CEO of Toyota Invention Partners. The latter appointment makes her the first female CEO of a wholly owned Toyota subsidiary.

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What to watch next

Woven Capital is the growth-stage venture capital arm of Toyota, focused on backing founders building in mobility (including space, cybersecurity, and autonomous driving). It last announced an $800 million Fund II in August last year (Fund I, also at a $800 million, launched in 2021), with plans to back at least 20 new Series B investments. Companies in its portfolio include the satellite company Xona and the defense manufacturing infrastructure company Machina Labs.

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