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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. In addition to having an extremely low carbon footprint, MIRUM requires no water during manufacturing and dyeing.

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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. —Kasper Sage, Managing Partner at BMW i Ventures. This enables a more diversified allocation of refining capacities worldwide.

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Northvolt raises $2.75B to expand battery cell manufacturing capacity; Swedish gigafactory to 60 GWh

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billion private placement to finance further battery cell production capacity and R&D efforts in order to meet the increasing demand of customers engaged in the transition to decarbonized, electric solutions. Northvolt announced the signing of a $2.75-billion Including the private placement, Northvolt has now raised more than $6.5

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BMW Group plans > €30B on future-oriented technologies up to 2025; all-electric 7 Series model coming

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The BMW Group plans to invest more than €30 billion up to 2025 in research and development to underscore its position as an innovation leader, said Oliver Zipse, Chairman of the Board of Management of BMW AG, at the company’s Annual Accounts Press Conference in Munich. In this respect, we are quite clearly in the fast lane.

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BMW i Ventures leads Series B Round of nanocoating technology company, actnano

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BMW i Ventures announced a lead investment in the Series B financing round of actnano , a company that has developed a next-generation nanocoating that offers protection for electronics across the automotive and consumer electronics markets. —Kasper Sage, managing partner at BMW i Ventures.

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BMW Group to build future MINI E vehicles in China with Great Wall Motor

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The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Jiangsu is also one of the leading provinces for finance, education and technology.

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BMW Group, WWF Germany, Volvo Group back moratorium on deep-sea mining

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The BMW Group has launched an initiative to protect the deep seas in cooperation with the WWF Germany. The BMW Group aspires to be one of the most sustainable automotive manufacturers and has built high standards into its supply chains for this purpose. What has been created over millions of years would be wiped out in a day.

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