BMW i Ventures has a new $300M fund and AI is riding shotgun

BMW i Ventures launched its third fund, a $300 million vehicle focused on AI and industrial technologies.

The fund will back startups from early stage to Series B in robotics, autonomous vehicles, industrial software, advanced materials, and supply-chain tech.

With this raise, BMW i Ventures now has $1.1 billion in assets under management.

The move shows BMW’s venture arm is deepening its bet on AI for future vehicles, manufacturing, and industrial efficiency.