VC Associate

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Company Overview

Toyota Ventures is a venture capital firm based in the San Francisco Bay Area established in 2017. With over $800 million in assets under management, it focuses on early-stage startups particularly in the domains of deep tech and climate solutions. The firm aims to discover and support emerging technologies that can advance Toyota’s interests. Over the years, it has invested in more than 100 companies, ranging from AI and automation to space tech.

Position Overview

The position available is for a VC Associate within the Toyota Ventures Frontier Fund(s). The associate's key responsibilities will include sourcing and screening innovative companies, especially in high-tech sectors such as AI, advanced materials, automation, robotics, and space tech. The role combines analytical skills with an emphasis on identifying promising startups and developing insights into their potential growth trajectories.

Required Skills and Qualifications

To be considered for this role, candidates must meet specific qualifications:

• A Bachelor's degree in business, computer science, engineering, or another relevant field.
• A minimum of 4 years of related work experience, ideally in venture capital or a technology-focused operational role.
• Strong understanding of deep tech and experience in a development or product management position is a plus.
• Excellent written and verbal communication skills are essential, along with a demonstrated understanding of industry trends.
• Candidates should possess the ability to identify and evaluate early-stage startups.
• Familiarity with building cap tables, analyzing financial statements, and preparing investment memos will be highly regarded.
• A high level of integrity and professional conduct, ability to maintain confidentiality, and an entrepreneurial spirit is required.

Ideal Candidate Traits

The perfect candidate for this associate role will be:

• A natural networker, well-connected within the startup ecosystem, knowledgeable about key entrepreneurs and investors in the deep tech space.
• Comfortable dealing with ambiguity and risks that are often inherent in working with early-stage companies.
• An individual who collaborates well with team members and has a track record of successfully completing projects with minimal oversight.
• Passionate about learning and understanding new technologies, along with their business potentials.

Compensation and Benefits

In terms of salary, the pay range for this position starts between $120,000 and $155,000 per year, depending on various individual factors such as experience level, relevant knowledge, and market conditions. The compensation package also includes a comprehensive benefits scheme, which consists of:

• Eligibility for 401(k) retirement plans.
• Multiple forms of paid time off benefits, including vacation, sick leave, and parental leave.
• An annual cash bonus structure, providing additional financial incentives on top of the base salary.

Work Environment

While based in the San Francisco Bay Area, Toyota Ventures allows for remote work options from other U.S. cities, reflecting a flexible approach to work arrangements. This is especially beneficial for candidates who are not residing in California but wish to join the firm.

Company Culture and Values

Toyota Ventures emphasizes a strong commitment to diversity within its workforce. The company promotes a culture of inclusion, where individuals from various backgrounds and experiences can thrive together. Their values also include integrity, being humble but bold, and, in an intriguing turn of phrase, the idea of “keeping it weird.”

Conclusion

If you are passionate about funding and discovering groundbreaking technologies and have the requisite skills and experience, Toyota Research Institute is eager to connect with you. The blend of technical acumen, networking abilities, and an enthusiasm for innovation defines the ideal associate who can contribute substantially to their investment strategy and help shape the future of the technology landscape.

This job offer was originally published on remoteOK.com