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Tag Archives: BMW i Ventures
BMW i Ventures Buys into Phoenix Tailings
BMW i Ventures announced today an investment in Phoenix Tailings, a inventive metals production company dedicated to creating a zero-waste, zero-emission future. The Series B financing, which was led by Envisioning Partners and included additional participation from Yamaha Motor Ventures and Escape Velocity, will enable Phoenix Tailings to scale its rare earth processing operations to produce ~200 tons of rare earth metals annually. The output can be used in electric motor magnet , batteries, semiconductors – among other applications.
Phoenix Tailings says it was “founded in Cambridge, Massachusetts to transform how critical metals are produced – metals essential to the technologies that power modern society.” The nascent firm was heavily subsided by U.S. taxpayers via the United States Departments of Energy and Defense, as well as the State of Massachusetts. With the monies, Phoenix Tailings secured initial off-take agreements, validated its technology to process mining waste, and hired a team of workers to make the metals. Continue reading
Posted in auto news, car sharing, connected vehicles, economy, electric vehicles, electronics, environment, global warming, insurance, manufacturing, milestones, news, shows and events
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BMW i Ventures, electric motor magnets, Escape Velocity, Ken Zino, Nick Myers, Phoenix Tailings, US taxpayer subsidies, X @KenAutoinformed, Yamaha Motor Ventures
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BMW i Ventures Invests in Skylo Technologies
Skylo has launched its initial service across US, Canada, and Europe, in partnership with major chipset makers including Qualcomm, Samsung, MediaTek, and Sony, together with the leading device OEMs and mobile carriers, such as Deutsche Telekom. Continue reading
Posted in aftermarket, auto news, connected vehicles, electronics, marketing, milestones, mobility company, news, news analysis, software defined vehicles, software defined vehicles
Tagged auto industry commentary, autoinformed.com, automotive blog, Automotive news and analysis, BMW i Ventures, Kasper Sage, Ken Zino, Parth Trivedi, Skylo Technologies
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BMW i Ventures Invests in Formant Robotics Data Platform
“Autonomous robotic systems have broken free from R&D departments and are now being deployed at scale to drive business outcomes and resilient operations,” said Kasper Sage, Managing Partner at BMW i Ventures. “Their proliferation across mission-critical functions as well as support tasks for humans in various industries underscores the urgent need for seamless data management and orchestration across robotic endpoints. Formant is the operating system underpinning the future of the automated enterprise.” Continue reading
Autonomous Forklift Startup Backed By BMW i Ventures
While it is abundantly clear that autonomous vehicles are not yet ready for mass deployment on public streets, the same technology is being commercially used in closed warehouse environments today. Continue reading
BMW i Ventures Announces Investment in Zūm
BMW i Ventures is the venture capital arm of BMW Group. It invests money and resources in startups in the fields of autonomous driving, digital car and automotive cloud, e-mobility, artificial Intelligence and data, industry 4.0, shared and on-demand mobility, customer digital life, and energy services. Continue reading
BMW Invests in Rive for Making Interactive Vehicle Apps
“Rive is not only improving design workflows, it’s reshaping how brands build digital experiences and products,” said Kasper Sage, Managing Partner at BMW i Ventures. The BMW Group’s design department immediately recognized the potential. “By merging design and development into a unified workflow, Rive unlocks faster time to market, higher-quality User Interfaces, and frees up valuable developer time, reducing cost. We believe this sets a new standard for the next generation of interactive design.” Continue reading →