Toyota Invests in Japanese Rocket Startup Interstellar 

Photo: Interstellar Technologies

Automotive giant Toyota is investing in Japanese rocket startup Interstellar Technologies as part of its vision for the future of mobility. 

Woven by Toyota (WbyT), the mobility arm of Toyota Motor Corporation, announced the 7 billion yen ($44.3 million) investment into Interstellar on Jan. 7. Akio Toyoda, chairman of the Toyota board of directors, spoke at CES on Jan. 6 about the company’s “Woven City,” a city in Japan designed as a testbed for future mobility technologies.