BMW i Ventures has announced a new $300 million fund aimed at early-stage through Series B startups working on agentic AI, physical AI, industrial software, advanced materials, and supply chain technologies across North America and Europe.
The new vehicle brings the firm's total capital under management to roughly $1.1 billion.
The fund reflects growing investor interest in applying AI beyond software, particularly in robotics, manufacturing, and industrial settings where physical AI systems are beginning to see deployment.
BMW i Ventures operates as a financially independent venture arm associated with the automaker, investing across mobility, sustainability, and advanced technology.