BMW i Ventures

BMW i Ventures is the corporate venture capital arm of BMW Group, based in Mountain View, California, with offices in San Francisco and Germany. It makes Series A and B investments in automotive technology and related areas worldwide, focusing on transportation, energy, information technology, mobility, SaaS, manufacturing, and sustainability. The firm seeks opportunities that can influence BMW's current and future businesses across manufacturing, services, and mobility, including hardware, software, and digital platforms. Investments span the United States, Canada, Europe, and Israel.

Marcus Behrendt

Managing Partner

Baris Guzel

Partner

Michael Hammer

CFO

Uwe Higgen

Managing Director and Managing Partner

Samantha Huang

Principal

Past deals in CleanTech

VIA

Series B in 2025
VIA Science, Inc. is a technology company that develops an artificial intelligence (AI) application tailored for the energy sector. Founded in 2016 and headquartered in Somerville, Massachusetts, with an additional office in Montreal, Canada, VIA provides a blockchain-based application called Trusted Analytics Chain. This platform aggregates company-wide data, allowing organizations to analyze information across multiple locations securely. VIA focuses on addressing asset management and operational challenges in collaboration with key stakeholders in the energy industry, including governments and large utilities. Its innovative solutions leverage AI and causal analytics to prioritize risks to critical infrastructure, facilitating encrypted analysis of sensitive data and enhancing initiatives such as predictive maintenance and contingency planning.

Mangrove Lithium

Venture Round in 2025
Mangrove Lithium is a Vancouver-based company that has developed a modular platform for producing battery-grade lithium hydroxide and carbonate efficiently from diverse input streams. Its scalable solution can be co-located with upstream producers or manufacturers, enabling cost-effective conversion of waste brines to chemicals and desalinated water.

Phoenix Tailings

Series B in 2024
Phoenix Tailings specializes in recycling mining tailings, specifically Bauxite Residue ('Red Mud'), to extract strategic materials for industries such as aerospace, automotive, electronics, and biotechnology. Founded in 2019 with a mission to revolutionize the mining industry sustainably and economically.

Embotech

Series B in 2024
Founded in 2013, Embotech develops decision-making software solutions for autonomous systems. Its flagship product, FORCES Pro, enables complex control system design across industries such as automotive, energy, and robotics. Applications include wind turbine control, drone motion planning, advanced driver assistance systems (ADAS), spacecraft landing, and reusable rocket returns.

AMPECO

Series B in 2024
AMPECO provides a white-label, hardware-agnostic platform for managing large-scale electric vehicle (EV) charging networks. It offers advanced energy management, flexible billing, automated maintenance algorithms, and inter-operator roaming. The platform enables energy companies, oil and gas firms, fleets, manufacturers, and installers to launch operations quickly under their own brand, supporting over 110 operators across 45 markets.

Cyclic Materials

Series B in 2024
Cyclic Materials provides recycling services that recover rare earth elements to reduce the need for new mining and accelerate the transition to electric mobility and clean energy. The company focuses on reclaiming rare earth magnets from automotive and renewable energy sectors, enabling customers to supply wind turbines, electric vehicles, and electronics while cutting emissions and strengthening local supply. Through its platform, it pursues a circular supply chain by recovering critical metals from discarded and landfill-bound products, helping industries lower environmental impact and increasing the resilience of the material supply.

DeepDrive

Series B in 2024
DeepDrive is a Munich-based company specializing in innovative drive units for electric vehicles. Its patented DeepDrive Dual Rotor technology enhances vehicle range by up to 20% and reduces costs, facilitating cheaper, more sustainable EVs. The compact, torque-dense units can be integrated within wheels or as traditional central drives, optimized for large-scale production. Collaborating with eight of the top ten automakers, DeepDrive aims to introduce its technology in mass production by 2026.

Lilac Solutions

Series C in 2024
Lilac Solutions, Inc. is a mining technology company based in Oakland, California, specializing in lithium extraction technology. Founded in 2015, the company develops innovative solutions that utilize ion-exchange theory to absorb lithium from brine deposits. This technology includes ion exchange beads and continuous brine processing systems, which enable lithium producers to enhance project development, increase lithium recovery, and optimize operations. Lilac Solutions aims to support industries such as electric vehicles and renewable energy storage by providing methods that reduce both costs and environmental impact associated with lithium production.

Cyclic Materials

Series A in 2023
Cyclic Materials provides recycling services that recover rare earth elements to reduce the need for new mining and accelerate the transition to electric mobility and clean energy. The company focuses on reclaiming rare earth magnets from automotive and renewable energy sectors, enabling customers to supply wind turbines, electric vehicles, and electronics while cutting emissions and strengthening local supply. Through its platform, it pursues a circular supply chain by recovering critical metals from discarded and landfill-bound products, helping industries lower environmental impact and increasing the resilience of the material supply.

DeepDrive

Series A in 2023
DeepDrive is a Munich-based company specializing in innovative drive units for electric vehicles. Its patented DeepDrive Dual Rotor technology enhances vehicle range by up to 20% and reduces costs, facilitating cheaper, more sustainable EVs. The compact, torque-dense units can be integrated within wheels or as traditional central drives, optimized for large-scale production. Collaborating with eight of the top ten automakers, DeepDrive aims to introduce its technology in mass production by 2026.

AMPECO

Series A in 2023
AMPECO provides a white-label, hardware-agnostic platform for managing large-scale electric vehicle (EV) charging networks. It offers advanced energy management, flexible billing, automated maintenance algorithms, and inter-operator roaming. The platform enables energy companies, oil and gas firms, fleets, manufacturers, and installers to launch operations quickly under their own brand, supporting over 110 operators across 45 markets.

Jetti Resources

Venture Round in 2022
Founded in 2014, Jetti Resources specializes in hydrometallurgical technology for extracting metals from mineral ores. Its proprietary catalytic process is used to efficiently recover copper from low-grade primary sulfides like chalcopyrite, making it a cost-effective and environmentally responsible solution.

Mangrove Lithium

Series B in 2022
Mangrove Lithium is a Vancouver-based company that has developed a modular platform for producing battery-grade lithium hydroxide and carbonate efficiently from diverse input streams. Its scalable solution can be co-located with upstream producers or manufacturers, enabling cost-effective conversion of waste brines to chemicals and desalinated water.

GaN Systems

Venture Round in 2021
GaN Systems develops and manufactures gallium nitride power switching transistors for various applications. Its products include 650 V E-HEMT and 100 V E-HEMT transistors, serving consumer brand and enterprise equipment manufacturers globally.

Prometheus

Series B in 2021
Prometheus Fuels is a company focused on the production of carbon-neutral fuels aimed at reducing atmospheric CO2 levels. By extracting carbon dioxide from the air, Prometheus transforms it into gasoline and jet fuel, resulting in hydrocarbon fuels that have no net impact on greenhouse gas emissions. This innovative approach allows automotive and aviation industries to transition from traditional fossil fuels to high-performance, zero-net carbon alternatives, contributing to environmental sustainability while meeting energy demands.

Lilac Solutions

Series B in 2021
Lilac Solutions, Inc. is a mining technology company based in Oakland, California, specializing in lithium extraction technology. Founded in 2015, the company develops innovative solutions that utilize ion-exchange theory to absorb lithium from brine deposits. This technology includes ion exchange beads and continuous brine processing systems, which enable lithium producers to enhance project development, increase lithium recovery, and optimize operations. Lilac Solutions aims to support industries such as electric vehicles and renewable energy storage by providing methods that reduce both costs and environmental impact associated with lithium production.

Boston Metal

Series B in 2021
Boston Metal is a metallurgy company specializing in reducing the carbon footprint of steel production. It offers industrial-scale solutions using its Molten Oxide Electrolysis (MOE) process, enabling greener and more efficient metal production.

Prometheus

Venture Round in 2020
Prometheus Fuels is a company focused on the production of carbon-neutral fuels aimed at reducing atmospheric CO2 levels. By extracting carbon dioxide from the air, Prometheus transforms it into gasoline and jet fuel, resulting in hydrocarbon fuels that have no net impact on greenhouse gas emissions. This innovative approach allows automotive and aviation industries to transition from traditional fossil fuels to high-performance, zero-net carbon alternatives, contributing to environmental sustainability while meeting energy demands.

Turntide Technologies

Series B in 2020
Turntide Technologies specializes in sustainable technologies that reduce energy consumption and operating costs in buildings, agriculture, and electric transport. It has developed an efficient electric motor system based on switched reluctance technology, managed by cloud software and connected to precise controls via IoT. The company aims to eliminate the roughly 25% of global electricity wasted by legacy motors, accelerating the transition from fossil fuels toward renewable energy. Founded in 2013 and headquartered in Sunnyvale, California, Turntide's solutions target improvements in space conditioning, maintenance, and refrigeration energy use.

CelLink

Series B in 2019
CelLink designs and manufactures high-conductance, large-area flexible circuits and backplanes for power electronics and solar applications. The company develops flexible conductive backplanes that integrate busing, fusing, voltage and temperature monitoring into a single circuit, enabling efficient power and data transmission. Based in Belmont, California, CelLink serves applications including batteries, LEDs, wire harnessing, and solar cells, aiming to provide reliable, scalable power-management solutions at an affordable price.

ChargePoint

Series H in 2018
ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

GaN Systems

Corporate Round in 2017
GaN Systems develops and manufactures gallium nitride power switching transistors for various applications. Its products include 650 V E-HEMT and 100 V E-HEMT transistors, serving consumer brand and enterprise equipment manufacturers globally.

ChargePoint

Series G in 2017
ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

Zendrive

Series A in 2016
Zendrive is a mobility data analytics company that uses smartphone sensor data to monitor driving behavior and traffic dynamics, producing actionable insights to improve road safety for passengers and drivers. The company’s AI-powered platform analyzes signals such as speed, location, direction, acceleration, speeding, hard braking, and phone usage, and can detect collision events. It enables safety improvements through behavioral coaching and incentives and supports timely interventions in moments of truth. Zendrive serves transportation stakeholders including on-demand and commercial fleets, leveraging data to help manage safety as mobility shifts toward shared and on-demand transportation. Headquartered in San Francisco, Zendrive was established to advance safety through data and analytics.

Zendrive

Venture Round in 2014
Zendrive is a mobility data analytics company that uses smartphone sensor data to monitor driving behavior and traffic dynamics, producing actionable insights to improve road safety for passengers and drivers. The company’s AI-powered platform analyzes signals such as speed, location, direction, acceleration, speeding, hard braking, and phone usage, and can detect collision events. It enables safety improvements through behavioral coaching and incentives and supports timely interventions in moments of truth. Zendrive serves transportation stakeholders including on-demand and commercial fleets, leveraging data to help manage safety as mobility shifts toward shared and on-demand transportation. Headquartered in San Francisco, Zendrive was established to advance safety through data and analytics.

ChargePoint

Series E in 2014
ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.

Chargemaster

Venture Round in 2013
Chargemaster Plc is a leading provider of electric vehicle charging solutions with over 25 years of experience in the telematics and vehicle infrastructure sector. The company offers a diverse range of products, including mounted units, rapid charge units, home and workplace charging solutions, as well as specialized accessories designed to meet the evolving demands of the electric vehicle market. Chargemaster collaborates with energy providers, vehicle manufacturers, government agencies, and other stakeholders to deliver flexible and practical charging solutions. By integrating advancements in technology and data, Chargemaster ensures that its products remain relevant and effective, catering to the needs of homes, businesses, and the public sector.

ChargePoint

Series D in 2012
ChargePoint operates the world's largest electric vehicle (EV) charging network, offering public charging stations, consumer subscription plans, and utility grid management technology. Its app enables users to find, start, and track charging sessions.
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