BMW Investment in Fair Signals Potential Partnership

  • Natalie Mattila
  • November 17, 2017
BMW i Ventures’ recent investment in Fair — a used-car, no commitment leasing app — might evolve into a “strategic business partnership,” Fair Co-Founder Georg Bauer said at the Auto Finance Summit. “There are ways of turning this monetary investment into a strategic business partnership,” Bauer said, adding that, for now, it is “a starting point” […]

BMW iVentures Backs Shift With $39MM in Series C Funding

  • Natalie Mattila
  • July 20, 2017
Shift Technologies Inc. raised $38 million in Series C funding led by BMW iVentures, the company announced today. “We are interested in technology companies that challenge the status quo and build products that help improve transportation options for consumers,” BMW iVentures Partner Christian Noske said in a press release. “It is obvious that with Shift’s […]

Nauto in Talks With OEMs, Building ‘Onramp’ for Autonomous Driving

  • Natalie Mattila
  • February 15, 2017
Nauto is close to signing global partnerships with additional OEMs, Mobility Buzz has learned. The partnerships would expand on the Palo Alto, Calif.-based startup’s current deals with three OEMs, including BMW i Ventures and Toyota Research Institute, as well as with insurance company Allianz Ventures. The OEM partnerships are “very imminent” — “we are still in […]