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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 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 i Ventures announces lead investment in Mangrove Lithium Series A; green lithium refining technology

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BMW i Ventures announced a lead investment in the Series A-1 financing round of Vancouver-based Mangrove Lithium. BMW i Ventures is joined by existing investor Breakthrough Energy Ventures. The platform technology is also being commercialized for the conversion of waste brines to chemicals and desalinated water.

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Technology Credit Union announces financing relationship with Tesla Motors

Green Car Congress

Tech CU (Technology Credit Union) is working with Tesla Motors as a preferred financing partner for their Model S, Model X and Roadster electric vehicles, offering up to 100% financing with a competitive annual percentage rate (APR). Tech CU is among the first credit unions in the country to offer car loans for Tesla vehicles.

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Fusion energy company TAE Technologies launches power management subsidiary TAE Power Solutions

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Through these acquisitions, TAE Power Solutions gains an early foothold in existing projects, including APC18 CELERITAS , a program to develop an ultra-fast charging battery and pack for electric and fuel cell hybrid vehicles with BMW and other project partners. billion.

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Bcomp closes US$35M Series B with mobility and impact venture capital

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Bcomp, a leading manufacturer of high-performance components made from natural fibers, has closed its oversubscribed Series B financing round of CHF 32.4 The new funding will help scale the business to a global commercial and production footprint, maximizing its sustainability impact. Starting with the iFE.20

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WiTricity raises $34M in venture capital, including strategic investment from Mitsubishi

Green Car Congress

The infusion of capital will enable WiTricity to continue its leading-edge wireless power platform development, expand its intellectual property portfolio, and capitalize on the commercial momentum for wireless charging for electric vehicles (EVs) and in the broader mobility market.