BMW i Ventures earmarks additional USD300 million to invest in startups
BMW i Ventures creates a second fund, takes total venture investment pool to USD900 million
German premium carmaker BMW AG has set up a second corporate venture fund, BMW i Ventures Fund II, earmarking USD300 million to finance new and upcoming startups that are focused on futuristic technologies around sustainability, advanced manufacturing and future transportation, the company announced on 30 June.
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