BMW i Ventures has launched a new $300 million fund with a timely thesis: AI will reshape how the automotive industry operates. And the independent venture arm of BMW AG wants to be in the driver’s seat. The fund, announced on Wednesday, will invest in early-stage through Series B startups in North America and Europe that are working on agentic AI and physical AI (a term that includes AI applied to robotics and autonomous vehicles) as well as industrial software, advanced materials, and m…
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