BMW i Ventures has a new $300M fund and AI is riding shotgun
By Kirsten Korosec
Published on April 29, 2026.
BMW i Ventures has launched a new $300 million fund, with the aim of investing in startups in North America and Europe that are working on agentic AI and physical AI, as well as industrial software, advanced materials, and manufacturing and supply chain technologies. This third fund brings the firm's total capital under management to $1.1 billion. The fund's managing partner, Marcus Behrendt, believes AI will be the foundation for other technologies built on and ultimately change robotics, software development, and car production. The firm hasn't made any investments out of this third fund yet, but its second fund includes investments in AI-focused startups.
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