BMW Group expands BMW i Ventures role with new €500M fund; widened scope of investment, greater independence

Green Car Congress
By mmillikinDec 1, 2016, 2:27 pm290 pts
The BMW Group is expanding the remit of its BMW i Ventures venture capital unit and creating a new fund of up to €500 million (US$531 million) over ten years to support it. The new fund will allow BMW i Ventures to make investments in a wider range of areas, such as autonomous driving and digitalization, and…

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