Ulrich Quay, managing partner of BMW i Ventures, spoke to Robin Brinkworth about his investment ethos, the technologies BMW invests in, and how the fund operates
BMW is the sole backer but the fund is a distinct unit, not working off the balance sheet. What this means in practice is that Ulrich Quay can pursue solely financial deals, but not solely strategic deals – financial value has to be there. Quay backs the financial focus of the fund, saying the goals are “on par with the top VCs in the valley”. He does not say that lightly, having worked with a different setup from 2011 to…
