BMW i Ventures will invest in Software Motor Company (SMC), a Silicon Valley-based company with experience with HVAC retrofit motors. SMC will use the funding to expand its product line and bring to market its full-stack Building Operating System (BOS) platform, designed to optimize energy and maintenance through intelligent automation. SMC says it has developed… Read more »
Results for: "BMW i Ventures"
BMW i Ventures plans to invest in CelLink, a San Carlos, California-based manufacturer of flexible circuit technology. The funding will support CelLink as it moves several projects into full-scale production. CelLink, which plans to continue to ramp production of large-area flexible circuits for power and data transmission in its first manufacturing facility through the end… Read more »
BMW i Ventures has announced a strategic investment in semiconductor maker GaN Systems. GaN Systems focusses on power transistors based on Gallium nitride (GaN), a wide band gap semiconductor material that promises higher energy efficiency, smaller form factors and higher performance. “GaN Systems’ power transistors have created new possibilities for engineers to build the power… Read more »
Electric bus manufacturer Proterra has closed a Series 6 round of funding, raising $55 million from various investors, including BMW i Ventures. Proterra will use the new money to increase production at its manufacturing facilities in South Carolina and Los Angeles, and to boost R&D efforts at company headquarters in Silicon Valley. For BMW i… Read more »
The company’s venture capital arm, BMW i Ventures, announced that it is making a strategic investment in the operators of the ChargePoint charging network.
ChargePoint, which operates a network of more than 33,000 independently owned charging spots, has secured $82 million in funding, the first part of a larger fundraising round led by Daimler. The new investment will support the expansion of the company’s charging network into Europe. BMW i Ventures and other existing investors also participated in the… Read more »
A few companies have introduced mobile charging products to solve unique challenges. The perceived lack of ready access to charging stations is one factor that has limited consumers’ interest in buying electric vehicles. While the number and diversity of locations of EV charging stations are growing, thanks to networks such as Electrify America, chargers can… Read more »
Colorado-based Solid Power, a manufacturer of all solid-state batteries (ASSB), has secured $20 million in a Series A investment round. Investors include Hyundai CRADLE, Samsung Venture Investment, Sanoh Industrial, Solvay Ventures, and A123 Systems. Solid Power will use the new funds to scale up production via a multi-MWh roll-to-roll facility, which is to be built… Read more »
Battery specialist Sila Nanotechnologies has received $70 million in Series D funding from Sutter Hill Ventures, Next47 (backed by Siemens), and Amperex. Sila Nano will use the funding for the development and commercialization of its silicon-dominant anodes. Overall, Sila has raised $125 million from investors including Bessemer Venture Partners, Chengwei Capital, Matrix Partners, Samsung, and… Read more »
As a tree-hugging greenie, I tend to be prejudiced against SUVs, but after a week with the Mitsubishi Outlander PHEV, I couldn’t really find anything not to like. This medium-size crossover drives great, it’s comfortable, and it has all the high-tech goodies we’ve come to expect. The electric range of 22 miles is enough to… Read more »