BMW iVentures

BMW iVentures is the independent venture capital arm of the BMW Group, strategically investing in early to growth-stage companies that are shaping the future of automotive, sustainability, manufacturing, and supply chain. The firm operates with the agility of a Silicon Valley VC while leveraging the extensive network and expertise of its corporate parent, BMW. They focus on supporting visionary founders dedicated to solving real-world challenges in large markets, providing not only capital but also invaluable industry expertise and strategic support to accelerate growth and impact.

Established in 2011, BMW iVentures was initially founded in New York City under the BMW i sub-brand. It later relocated its headquarters to Silicon Valley to be at the heart of the startup ecosystem. The firm has since grown to manage a significant fund volume, demonstrating a commitment to fostering innovation that aligns with BMW Group's strategic vision for future mobility and technology. Their investment approach emphasizes long-term value creation and deep engagement with portfolio companies.

The firm's portfolio showcases a diverse range of innovative companies. Notable investments include Xometry, an on-demand manufacturing marketplace; Solid Power, a developer of solid-state batteries; ChargePoint, an independently-owned EV charging network; GaN Systems, specializing in Gallium Nitride power transistors; Desktop Metal, a leader in 3D metal printing; Our Next Energy Inc. (ONE), focused on long-range, iron-based batteries; and Tekion, a cloud-based dealership platform. These investments reflect BMW iVentures' commitment to driving advancements across its core focus areas.

The BMW iVentures team is a lean, global group with diverse backgrounds in venture capital, automotive, engineering, and finance. Key team members include Managing Partners Marcus Behrendt and Kasper Sage, Partner Baris Guzel, CFO Michael Hammer, Business Development Manager Inga Grieger, and Principals Samantha Huang and Scott Walbrun. Their collective experience and strategic insights enable them to provide significant value to their portfolio companies through joint development cooperation, customer relationship connections within the BMW ecosystem, knowledge exchange, and technical validation.