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BMW i Ventures invests in Natural Fiber Welding; plant-based leathers, yarns and foams

Green Car Congress

BMW i Ventures has invested in Natural Fiber Welding , Inc. The financing round will enable the company to scale from the batch processing of materials to commercial roll-to-roll production. BMW Group has set ambitious sustainability targets as it aims to reduce CO 2 emissions along the entire value chain.

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BMW i Ventures leads investment in autonomous forklift company, Fox Robotics

Green Car Congress

BMW i Ventures announced its lead investment in Fox Robotics, developers of the first intelligent forklift that can autonomously unload pallets from the trailer to the receiving dock. —Kasper Sage, Managing Partner at BMW i Ventures. The oversubscribed funding round totals $20 million.

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BMW Group sourcing aluminum produced using solar energy from EGA

Green Car Congress

The BMW Group will begin sourcing aluminum produced using solar electricity with immediate effect. Generating the electricity needed to produce primary aluminum, i.e. aluminum obtained directly from the mineral compound alumina, is alone responsible for about 60% of the global aluminum industry’s greenhouse gas emissions.

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Nuvera and DD DANNAR partner to develop mobile fuel cell power for diverse industries

Green Car Congress

Nuvera is a developer of fuel cells for commercial power, especially for motive applications. With existing and forthcoming emissions mandates, DANNAR and Nuvera would be able to meet the needs of organizations and industries seeking clean energy options for mobility. The DANNAR 4.00 Full and semi-autonomous options also available.

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Solid-state battery company Solid Power closes $130M Series B led by BMW, Ford and Volta

Green Car Congress

Solid Power, a developer of all solid-state batteries for electric vehicles, announced a $130-million Series B investment round led by the BMW Group, Ford Motor Company and Volta Energy Technologies. The BMW Group and Ford aim to utilize Solid Power’s low-cost, high-energy all solid-state battery technology in forthcoming electric vehicles.

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BMW i Ventures co-leads investment in circular supply chain company Cyclic Materials; recycling rare earth elements

Green Car Congress

BMW i Ventures announced an investment in Canada-based Cyclic Materials , a circular supply chain company focused on recycling rare earth elements (REE) ( earlier post ). The financing will be used to establish a hub and spoke network for the company’s commercial scale operations.

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BMW Group invests in MOE company Boston Metal; CO2-free steel production

Green Car Congress

The BMW Group company is investing in an innovative method for CO 2 -free steel production developed by American startup Boston Metal ( earlier post ), through its venture capital fund, BMW i Ventures. Boston Metal is commercializing molten oxide electrolysis (MOE), a patented tonnage metals production platform.

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