Bayerische Motoren Werke will sell two cars, BMW i3 and BMW i8, from 2013 under the sustainable BMW i brand and invest in seed and series A round deals through the BMW i Ventures team.
Germany-based car maker Bayerische Motoren Werke (BMW) has set up a $100m corporate venturing fund as part of a division working on sustainable cars and made its first deal.
The company will sell two cars, BMW i3 and BMW i8 (pictured), from 2013 under the sustainable BMW I brand and invest in seed and series A round deals through the BMW i Ventures team.
US-based MyCityWay is the first company in which BMW i Ventures has taken a stake…
