Today on Equity, Rebecca Bellan sits down with Lisa Coca from Toyota Ventures during Climate Week NYC to discuss a key part of Toyota Ventures' $800 million portfolio - their Climate Fund. 

The fund's $300 million is laser-focused on climate innovation, but Coca says it casts a wide net beyond just mobility, backing startups from seed to Series A. So far, they’ve invested in companies like AM Batteries, which is cutting battery manufacturing costs by 40%, and Ecoletro, pioneers in green hydrogen production using hydropower.

Together, Bellan and Coca are shedding light on the significant challenges in hydrogen, direct air capture, and methane reduction, and emphasizing that startups need to achieve cost parity with fossil fuels to drive real change.

As always, Equity will be back with a news roundup on Friday. If you like what you hear, don't forget to leave us a review!  

Equity is TechCrunch’s flagship podcast, produced by Theresa Loconsolo, and posts every Wednesday and Friday. 

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Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.

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