Toyota Motor (TM) research unit Woven will invest about 7 billion yen ($44.4 million) in Japanese startup Interstellar Technologies to support mass production of its rockets, Interstellar said Tuesday.
The company said the investment is part of Interstellar Technologies' Series F funding round, with the first close scheduled soon.
Woven by Toyota will also appoint a director to the Interstellar board and help strengthen the startup's supply chains and corporate governance, it added.
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