BMW i Ventures

We're thrilled to announce that Skylo, a BMW i Ventures portfolio company, has raised a $30M oversubscribed round led by NGP Capital, with participation from The Westly Group, Intel Capital, Samsung Catalyst Fund, Next47, and others! 💫 🚀 📲 Why it matters? 85% of the planet still lacks reliable cellular coverage. 🌍 Skylo bridges that gap by enabling smartphones, vehicles & IoT devices to connect via satellite—without special hardware. The company is the first standards-based commercial direct-to-device (D2D) satellite service, with millions of devices activated across 5 continents. Whether in remote areas, at sea, or during emergencies, Skylo keeps people and businesses connected, no matter where they are in the world.  🌐 Skylo is defining the future of connectivity, and we’re excited to support their journey! 👏 https://lnkd.in/eKNt32ZG

Great to see our Managing Partner, Marcus Behrendt, participating in this fantastic event at such an iconic location in Stockholm! Thank you, Business Sweden, for bringing together an inspiring ecosystem of innovators and investors! #BMWiVentures #BusinessSweden #JoinSwedenSummit2025

A very defining conference that the BMW Foundation Herbert Quandt had organized alongside the Munich Security Conference. Impressive speeches, great discussions and many learnings for our future actions. Energy security is paramount for Europe, this became clearer than ever.

Today in Munich, our Managing Partner, Marcus Behrendt, is attending The Energy Security Hub of the BMW Foundation Herbert Quandt alongside the Munich Security Conference. Looking forward to insightful speeches, controversial panel discussions, and disruptive start-up presentations. Not to forget the invaluable networking opportunities this event will provide. #BMWiVentures #BMWFoundationHerbertQuandt #MunichSecurityConference

We recently invested in #GreenSpark Software, a company that's helping recyclers improve operations, increase efficiency, and advance sustainability. We're proud to support their mission to modernize this vital industry. Read more about why we invested 👇 #BMWiVentures #Sustainability #MetalRecycling #Innovation #GreenTech #VentureCapital #CircularEconomy

Today, we invested in GreenSpark Software, an innovative New York City-based company that’s bringing modern operating software to the metal recycling industry. Metal recycling is a critical part of the economy, yet the industry has long been underserved by new technology solutions. GreenSpark is changing that—building solutions that streamline operations, finance, logistics, and commercial functions for recyclers, boosting efficiency and profitability. Why we invested? ✅ GreenSpark has tripled its customer base in the past year 📈 ✅ AI-powered solutions transforming recycling operations 🤖 ✅ Strong alignment with our mission to invest in innovative start-ups 🌱 As our colleague Baris Guzel noted, “this investment represents a perfect intersection of technology and real-world impact, driving us closer to a circular economy. Congratulations to Gordon Driscoll and the entire GreenSpark team on your success so far and we're looking forward to watching you grow! ♻️ Learn more 👇 #Recycling #CircularEconomy #Sustainability #Innovation #NYCTech #SiliconAlley

Congrats to Athenic AI, who announced a funding round in a story that appeared in TechCrunch. Athenic is building the central nervous system for enterprise data, bringing AI-powered, self-serve analytics to the forefront and making business intelligence more accessible than ever. As our colleague Samantha Huang put it: "Access to business analytics is essential for a well-functioning, data-driven organization. With Athenic AI, users have been able to reduce the time of their workflow from weeks to minutes. The potential for such technology is vast, not only for transforming Analytics and BI software but also paving the way for a new category." We’re proud to back Athenic AI and can’t wait to see how they continue to shape the future of data-driven decision-making. 📖 Read more in Rebecca Szkutak's story 👇 #AI #DataAnalytics #BusinessIntelligence #VentureCapital #Innovation

Our portfolio company Mangrove Lithium has secured $35M in strategic funding to construct Canada's first lithium refining facility. ⚡This state-of-the-art plant will produce battery-grade materials to power approximately 25,000 electric vehicles annually. Mangrove's breakthrough electrochemical process is both cost-effective and environmentally sustainable, setting new standards in lithium processing and refining. This marks a key milestone in securing North America’s battery supply chain and accelerating the transition to a clean energy future. #cleanenergy #lithium #electricvehicles #sustainability

📢 Our own Scott Walbrun will be speaking at the Battery, Venture, Innovation & Partnering Conference on March 18 in Orlando, Florida. Join Scott and other industry leaders, including 🌱🤝🌍 Anil Achyuta with TDK Ventures, Rajesh Swaminathan with Khosla Ventures, Allison Hinckley, PhD, Overture Ventures and, Lie Shi with AM Batteries , as they discuss the future of battery investment and innovation. Key topics will include: 🔋Identifying scalable innovations 🔋The impact of regulatory shifts 🔋Achieving both environmental impact and commercial viability View the agenda and register now: https://lnkd.in/g4GRx2-h

Excited to share that our colleague Inga G. Grieger will be joining with Andreas Kyrtatos on a panel "The Future of Automated Decision-Making" at DLD Conference today! Wishing them a fantastic session full of insightful discussions and meaningful exchanges. Stay tuned for updates! #BMWiVentures #DLDConference