I sat down with Manas Punhani, Senior Associate at Woven Capital (Toyota’s growth fund), to dig into how growth investors judge traction, price risk, and help founders scale in industrial tech, robotics, and “physical AI.” We broke down what Toyota’s backing really changes, how to balance moonshots with near-term wins, and the operational details factories care about beyond pure throughput. What we cover How growth investors read “proof points,” set milestones, and think about $50M–$100M reve...
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