Toyota’s venture arm, Woven Capital, has announced a major leadership transition as it intensifies efforts to shape the future of mobility. Michiko Kato has been appointed Chief Investment Officer and will also serve as Chief Executive Officer of Toyota Invention Partners, becoming the first woman to lead a wholly owned Toyota subsidiary. Her appointment reflects both personal career boldness and a broader shift in the traditionally male-dominated investment space.

Kato’s journey into leadership has been marked by bold decisions, including leaving a stable finance career to embrace the uncertainties of startup investing. Since joining Woven Capital in 2020, she has played a key role in advancing investments across sectors such as autonomous driving, aerospace, and artificial intelligence. The firm, which recently launched its second $800 million fund, aims to identify and support startups that can collaborate with Toyota in redefining mobility.

Alongside Kato, Mia Panzer has been named Chief Operating Officer, strengthening female representation at the top of the organization. Panzer will oversee operations, finance, and legal strategy, bringing experience from both corporate finance and startup environments. Her appointment highlights a growing recognition of diverse leadership perspectives in venture capital.

Despite progress, industry data shows that women remain underrepresented in investment roles. However, appointments such as Kato’s and Panzer’s signal a gradual transformation. With a combined vision focused on partnership-driven growth and innovation, Woven Capital is positioning itself as a key player in shaping the next generation of mobility technologies.

Source: TechCrunch