BMW i Ventures

BMW i Ventures, established in 2011, is the corporate venture capital arm of BMW Group, headquartered in Mountain View, California. The company invests globally in innovative, high-growth technology startups that align with BMW's current and future business, focusing on areas such as electric mobility, autonomous driving, digitalization, and sustainability across manufacturing, transportation, and services. BMW i Ventures provides series A and B-stage investments, typically ranging from EUR 500,000 to EUR 10 million, to support these companies' growth and ensure real-world impact.

Marcus Behrendt

Managing Partner

Allen Chen

Senior Associate

Margret Dupslaff

Associate

Baris Guzel

Partner

Michael Hammer

CFO

Uwe Higgen

Managing Director and Managing Partner

Samantha Huang

Principal

Thomas Molleker

Associate

Thao Nguyen

Senior Associate

Sohaila Ouffata

Director of Platform

Kasper Sage

Managing Partner

Tom Springer

Analyst

Scott Walbrun

Principal

Past deals in Recycling

Mangrove Lithium

Venture Round in 2025
Mangrove Lithium is a Vancouver-based company specializing in the innovative production of battery-grade lithium hydroxide and carbonate. The company has developed a modular and scalable refining technology that efficiently converts lithium chloride and lithium sulfate from various feedstocks. This versatile platform can be tailored to meet different production capacities and can be situated alongside upstream lithium producers or manufacturers of cathodes and cells. Additionally, Mangrove Lithium's technology is being commercialized for the conversion of waste brines into valuable chemicals and desalinated water, positioning the company as a key player in the sustainable lithium production landscape.

Phoenix Tailings

Series B in 2024
Phoenix Tailings Inc. is a company focused on producing primary metal products from mining tailings, with a commitment to sustainability and economic efficiency. Founded in 2019 and based in Woburn, Massachusetts, the company specializes in the recycling and re-mining of hazardous by-products, particularly Bauxite Residue, from the aluminum industry. By treating mining and refining waste as a new source of ore, Phoenix Tailings aims to extract strategic materials essential for various industries, including aerospace, defense, automotive, biotechnology, and more. The company's innovative approach not only facilitates the recovery of valuable metals but also addresses environmental concerns by reducing hazardous waste and providing carbon-free alternatives for metal sourcing.

Cyclic Materials

Series B in 2024
Cyclic Materials specializes in recycling services that focus on recovering rare earth elements from landfill-bound products. The company aims to minimize the need for new mining operations and facilitate the transition to electric mobility and cleaner energy solutions. By implementing an innovative process to reclaim critical metals used in high-performance magnets, Cyclic Materials supports industries such as wind turbines, electric vehicles, and electronics. This approach not only helps reduce carbon dioxide emissions but also enhances local supply chains by reintroducing these materials back into the manufacturing process.

Cyclic Materials

Series A in 2023
Cyclic Materials specializes in recycling services that focus on recovering rare earth elements from landfill-bound products. The company aims to minimize the need for new mining operations and facilitate the transition to electric mobility and cleaner energy solutions. By implementing an innovative process to reclaim critical metals used in high-performance magnets, Cyclic Materials supports industries such as wind turbines, electric vehicles, and electronics. This approach not only helps reduce carbon dioxide emissions but also enhances local supply chains by reintroducing these materials back into the manufacturing process.

Mangrove Lithium

Series B in 2022
Mangrove Lithium is a Vancouver-based company specializing in the innovative production of battery-grade lithium hydroxide and carbonate. The company has developed a modular and scalable refining technology that efficiently converts lithium chloride and lithium sulfate from various feedstocks. This versatile platform can be tailored to meet different production capacities and can be situated alongside upstream lithium producers or manufacturers of cathodes and cells. Additionally, Mangrove Lithium's technology is being commercialized for the conversion of waste brines into valuable chemicals and desalinated water, positioning the company as a key player in the sustainable lithium production landscape.
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