BMW i Ventures has announced its strategic investment in Coulomb Technologies, whose company ChargePoint is the largest online global charging network to connect electric vehicle drivers to charging stations.
BMW i Ventures.
The emerging field of mobility services is in a continuous state of evolution.
In order to remain flexibly engaged in this sector, the BMW Group has founded BMW i Ventures – a venture capital company based in New York City.
What we can offer for the investment.
We are seeking start-ups with the potential to create a lasting impact in the area of mobility services, primarily through cooperation with the BMW i brand. Additionally, these start-ups should have a strong focus on improving personal mobility in urban areas – automotive or otherwise. Whether it be intermodal travel, smart parking, recommendations, communication or other avenues, these services should deliver innovative and intelligent benefits to today’s growing urban population.
With access to BMW Group resources and the ability to act with the speed and agility of a start-up, BMW i Ventures aims to build strategic long-term partnerships through our investments.
We currently have investments in MyCityWay, ParkatmyHouse, Chargepoint and Embark, with more coming soon.
If it’s in your city, it’s in here.
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Locations: +70 cities worldwide
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ParkatmyHouse.com (PAMH), an innovative online marketplace designed to connect available parking spaces with people looking to park, “in cooperation with BMW i” was announced as the second strategic invest from BMW i Ventures in London, on Thursday, July 14th, 2011.
Established in London in 2006, PAMH was created to connect home and business owners interested in earning money by renting their space with drivers in need of a convenient, safe and cost-effective place to park. The service has since then been established across the UK, with now over 150,000 registered drivers, and providing parking in over 20,000 unique locations.
Location: Available throughout the UK. An international rollout in cooperation with BMW i is currently underway.
BMW i Ventures & ChargePoint.
Operating in more than 14 countries, ChargePoint creates service plans of cloud-based solutions that take care of EV-driver billing and support. This offers organizations the necessary flexibility to optimize performance of their electric vehicle charging operation. BMW's investment supports the improvement of infrastructure for plug-in electric vehicles and marks the company's ongoing commitment to new mobile solutions to the cities of tomorrow.
Mass transit made simple.
Embark’s mobile software provides an accurate, reliable, and interactive transit experience that helps commuters get exactly where they want to go. Fully functional with or without a cellular or Internet connection, Apps by Embark provide regionally specific step-by-step public transportation instructions. Additional real-time information, including transit delay and closure notifications, gives users an accurate estimate of when their train will arrive.
Location: 12 Major transit systems in the United States and the United Kingdom, with more on the way.
BMW i Incubator.
The BMW i Ventures Incubator offers an open workspace for innovative startups, in particular those with a special focus on future mobility and clean tech. The space is located in the hip downtown West Village neighborhood of New York City.
If you are interested in our space, please send us a description of your startup and the number of seats needed to Tara Gebbia: tara.Gebbia@bmwnaext.com
Submit your pitch to BMW i Ventures.
If you have a start-up company that matches what we are looking for, send your pitch to: email@example.com.
BMW i Ventures
95 Morton St
7th Floor NY