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BMW i Ventures

North America, California, United States, Mountain View

Description

BMW i Ventures is the corporate venture capital arm of the BMW Group, strategically investing in promising technology and service companies that align with the automotive giant's future vision. Based in Mountain View, California, the firm focuses on a broad spectrum of innovation areas critical to the evolution of mobility, including autonomous driving, digital car technologies, manufacturing advancements, supply chain optimization, and sustainability solutions. Their investment thesis is deeply rooted in identifying startups that can offer synergistic value to BMW's core business and long-term strategic objectives.

The venture arm primarily targets early to growth-stage companies, providing not just capital but also access to BMW's extensive global network, industry expertise, and potential for strategic partnerships. This approach allows portfolio companies to leverage BMW's resources for product development, market validation, and scaling. Key investment themes also include artificial intelligence, deep learning, cybersecurity, and advanced materials, reflecting the rapid technological shifts impacting the automotive and manufacturing sectors.

Financially, BMW i Ventures has demonstrated significant commitment to its investment strategy. For instance, in 2021, the firm announced a new $300 million fund, bolstering its capacity to back innovative startups and bringing its total assets under management across various funds to over $500 million. Typically, BMW i Ventures deploys initial checks ranging from $5 million to $20 million, seeking to be a meaningful partner in the growth journeys of its portfolio companies. This strategic capital, combined with operational support, positions BMW i Ventures as a significant player in the corporate venture capital landscape, driving innovation for the future of mobility.

Investor Profile

BMW i Ventures has backed more than 125 startups, with 11 new investments in the last 12 months alone. The firm has led 42 rounds, about 34% of its total and boasts 23 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series B, Series A, Series Unknown rounds (top funding stages).
  • Majority of deals are located in United States, Germany, Canada.
  • Strong thematic focus on Software, Automotive, Artificial Intelligence (AI).
  • Led 2 rounds in the past year.
  • Typical check size: $5M – $20M.

Stage Focus

  • Series B (28%)
  • Series A (19%)
  • Series Unknown (14%)
  • Series C (14%)
  • Seed (9%)
  • Series D (7%)
  • Series E (3%)
  • Corporate Round (1%)
  • Debt Financing (1%)
  • Pre Seed (1%)

Country Focus

  • United States (74%)
  • Germany (7%)
  • Canada (5%)
  • United Kingdom (5%)
  • Israel (4%)
  • Switzerland (2%)
  • Bulgaria (2%)
  • Sweden (1%)

Industry Focus

  • Software
  • Automotive
  • Artificial Intelligence (Ai)
  • Manufacturing
  • Information Technology
  • Electric Vehicle
  • Autonomous Vehicles
  • Industrial
  • Machine Learning
  • Transportation
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does BMW i Ventures frequently co-invest with?

Sequoia Capital
North America, California, United States, Menlo Park
Co-Investments: 6
Next47
North America, California, United States, Palo Alto
Co-Investments: 5
Toyota Ventures
North America, California, United States, Los Altos
Co-Investments: 11
Bosch Ventures
Europe, Baden-Wurttemberg, Germany, Stuttgart
Co-Investments: 6
GE Ventures
North America, California, United States, Menlo Park
Co-Investments: 5
Millennium Technology Value Partners
North America, New York, United States, New York
Co-Investments: 5
Breakthrough Energy Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 8
Foundry Group
North America, Colorado, United States, Boulder
Co-Investments: 5
Highland Capital Partners
North America, Massachusetts, United States, Lexington
Co-Investments: 6
Porsche Ventures
Europe, Baden-Wurttemberg, Germany, Stuttgart
Co-Investments: 5

Which angels does BMW i Ventures often collaborate with?

FG
North America, New York, United States, New York
Shared Deals: 2
David Shaw
North America, Maine, United States, Portland
Shared Deals: 1
SR
North America, California, United States, Los Angeles
Shared Deals: 2
CL
North America, Tennessee, United States, Nashville
Shared Deals: 1
F(
North America, Connecticut, United States, Stamford
Shared Deals: 1
Shared Deals: 1
GK
North America, Nevada, United States, Crystal Bay
Shared Deals: 1
RS
Europe, Germany
Shared Deals: 1
CK
North America, California, United States
Shared Deals: 1
SP
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by BMW i Ventures?

Estes Energy

San Francisco, California, United States

Estes Energy is a California-based startup developing advanced, U.S.-made, chemistry-agnostic battery packs for mobility and industry.

ChemicalChemical EngineeringManufacturing
SeedJul 23, 2025
Amount Raised: $11,000,000
Qualytics

Baltimore, Maryland, United States

Qualytics helps improve the quality of enterprise decision-making with real-time data surveillance.

AnalyticsData IntegrationSoftware
Series AJun 23, 2025
Amount Raised: $10,000,000
VIA

Somerville, Massachusetts, United States

VIA helps energy companies realize the value of their data through Artificial Intelligence (AI) and Blockchain.

AnalyticsArtificial Intelligence (AI)BlockchainMachine LearningPredictive Analytics
Series BMar 18, 2025
Amount Raised: $28,000,000
Skylo

Mountain View, California, United States

Skylo is a global non-terrestrial service provider that allows smartphone and IoT cellular devices to connect directly over satellites.

Information TechnologyInternet of ThingsSatellite CommunicationTelecommunicationsWireless
Series UnknownFeb 27, 2025
Amount Raised: $30,000,000
Athenic AI

San Francisco, California, United States

Athenic AI is a data analytics platform that helps resolve analytical business problems.

AnalyticsArtificial Intelligence (AI)DatabaseSaaS
SeedJan 30, 2025
Amount Raised: $4,300,000
Mangrove Lithium

Vancouver, British Columbia, Canada

Develops a platform for the most cost-effective production of battery grade lithium hydroxide from diverse input streams and assets.

BatteryElectric VehicleRenewable Energy
Series UnknownJan 28, 2025
Amount Raised: $35,000,000
Phoenix Tailings

Woburn, Massachusetts, United States

Founded to bring a new level of sustainability and efficiency to the mining industry by enabling new sources of primary metals.

Advanced MaterialsCleanTechIndustrialManufacturingMiningNatural ResourcesSustainabilityWaste Management
Series BDec 20, 2024
Amount Raised: $43,000,000
Embotech

Zürich, Zurich, Switzerland

Embotech is an IT consulting firm that provides autonomous driving solutions for industrial logistics applications.

Autonomous VehiclesIndustrial AutomationInformation TechnologySoftware
Series BDec 12, 2024
Amount Raised: $26,344,110
AMPECO

Sofia, Grad Sofiya, Bulgaria

AMPECO offers an EV charging management platform to manage a network of electric vehicle charging stations.

AutomotiveElectric VehicleEnergyEnterprise Software
Series BNov 26, 2024
Amount Raised: $26,000,000
Cyclic Materials

Kingston, Ontario, Canada

Cyclic Materials recycles rare earth elements from magnet-containing products for sustainability.

CleanTechIndustrialRecycling
Series BSep 25, 2024
Amount Raised: $52,655,233