BMW Group

BMW Group is a renowned manufacturer of luxury automobiles and motorcycles, known for its premium brands, which include BMW, Mini, and Rolls-Royce. The company operates 31 production facilities across 15 countries and has research and development centers in 17 countries, supported by a global sales network that extends to over 140 countries. In 2023, BMW Group achieved worldwide sales exceeding 2.5 million cars and over 209,000 motorcycles. Beyond vehicle production, the company also offers financial services. BMW Group emphasizes sustainability and innovation through initiatives like Efficient Dynamics, which aims to reduce fuel consumption and emissions. Its commitment to advanced production technology and resource-efficient practices enhances its competitiveness in the premium automotive market. The company's legacy is marked by a history of inventive design and engineering excellence, positioning it as a leader in both luxury mobility and sustainable practices.

Thom Brenner

VP Digital Life and Research and Development Digital Services

Camillo Castiglioni

Founder

Elmar Frickenstein

Senior Vice President

11 past transactions

Solid Power

Series B in 2021
Solid Power Inc. is a developer of advanced solid-state rechargeable batteries that eliminate volatile and flammable liquid components. Founded in 2011 and headquartered in Louisville, Colorado, the company focuses on creating energy-dense and safe battery solutions for various applications, including portable electronics, electric vehicles, aircraft, and satellites. Solid Power's technology aims to enhance the performance of battery-powered devices by providing longer run times, improved safety, and reduced costs. As an industry leader in next-generation battery technology, Solid Power is positioned to significantly impact the future of energy storage and transportation.

Northvolt

Corporate Round in 2019
Northvolt AB, founded in 2016 and based in Stockholm, Sweden, specializes in the manufacture of sustainable lithium-ion batteries tailored for various sectors, including automotive, grid, industrial, portable, and micromobility markets. The company focuses on developing eco-friendly battery solutions that feature a minimal carbon footprint and incorporate advanced recycling technologies. Northvolt provides a range of products, including battery cells, custom cells, and complete battery systems, all designed to support clean energy initiatives and facilitate the electrification of transport. By emphasizing research and development, as well as industrialization, Northvolt aims to establish a reliable supply of sustainable battery cells and systems, enabling industries to transition from fossil fuels to electric alternatives efficiently.

DriveNow

Acquisition in 2018
DriveNow GmbH & Co. KG is a car-sharing service based in Munich, Germany, founded in 2011. The company operates a fleet of premium vehicles, including models from BMW and MINI, available for both recreational and business use. Users can easily reserve cars through a mobile app, tablet, PC, or via phone, with the option to reserve a vehicle for up to 15 minutes at no charge. The service is designed for convenience, allowing customers to find cars readily available on the street in various neighborhoods. DriveNow operates in several major cities, including Berlin, Hamburg, Munich, Cologne, Dusseldorf, San Francisco, Vienna, and London. As a subsidiary of Bayerische Motoren Werke Aktiengesellschaft, DriveNow focuses on providing an efficient and user-friendly transportation solution.

ParkMobile

Acquisition in 2018
ParkMobile USA, Inc. provides mobile payment solutions for parking across the United States, focusing on both on-street and off-street options. Founded in 2008 and based in Atlanta, Georgia, the company offers a mobile application compatible with various smartphone platforms, allowing users to pay for parking quickly without needing meters or kiosks. Its services extend to over 3,000 locations, including major cities, college campuses, airports, and stadiums. ParkMobile’s technology includes features such as QR code access for gated facilities, a management platform for optimizing parking inventory, and online permit systems for automated processing. The company also facilitates parking reservations for events and in urban areas, enhancing the convenience of finding and securing parking spaces. ParkMobile operates as a subsidiary of Parkmobile Group B.V. and has received recognition for its innovative solutions in the parking industry.

Hubject

Funding Round in 2016
Hubject, founded in 2012, offers an "eRoaming" platform which aims to connect up EV charging stations and unify overall charging infrastructure for better mapping and easier payment solutions.

ParkMobile

Funding Round in 2016
ParkMobile USA, Inc. provides mobile payment solutions for parking across the United States, focusing on both on-street and off-street options. Founded in 2008 and based in Atlanta, Georgia, the company offers a mobile application compatible with various smartphone platforms, allowing users to pay for parking quickly without needing meters or kiosks. Its services extend to over 3,000 locations, including major cities, college campuses, airports, and stadiums. ParkMobile’s technology includes features such as QR code access for gated facilities, a management platform for optimizing parking inventory, and online permit systems for automated processing. The company also facilitates parking reservations for events and in urban areas, enhancing the convenience of finding and securing parking spaces. ParkMobile operates as a subsidiary of Parkmobile Group B.V. and has received recognition for its innovative solutions in the parking industry.

HERE

Corporate Round in 2015
HERE Technologies is a leading provider of location data and technology, specializing in a platform as a service (PaaS) for building, deploying, and scaling location solutions. With over 35 years of experience in mapmaking, the company has developed a comprehensive cloud-based location platform that enables individuals, businesses, and municipalities to leverage location intelligence for improved decision-making and operational efficiency. HERE's offerings include GPS navigation maps and software that help users navigate and manage real-world infrastructure effectively. The company serves a diverse range of industries and has established a global ecosystem, supporting over 2 million developers. HERE's mapping technology is integrated into more than 160 million vehicles, processing over 100 billion API calls each month. Based in Eindhoven, North Brabant, HERE Technologies is committed to redefining how location data impacts daily life and business operations.

Herald Leasing

Acquisition in 2015
Herald International Financial Leasing Co., Ltd. is a Chinese company specializing in middle- and long-term leasing services for a wide range of vehicles, including commercial and production vehicles, passenger cars, multi-purpose vehicles, and mini buses. Founded in 2009 and based in Beijing, the company offers various leasing options such as financing leases, operating leases, sales-type leases, and lease-back arrangements. Additionally, it provides services like monthly leases without drivers and daily leases with drivers. Its clientele consists of middle- and large-sized enterprises, listed corporations, multinational firms, government entities, and telecom operators in China. Herald Leasing aims to meet the diverse leasing needs of its customers through comprehensive consulting and guarantee services. The company operates multiple branches across the country.

Omada

Private Equity Round in 2015
Omada A/S specializes in identity and access management and governance solutions, enabling organizations to achieve compliance, mitigate risk, and enhance operational efficiency. The company offers the Omada Identity Suite, which includes tools for integrated user management, identity governance, and compliance across both on-premise and cloud applications. Its services encompass identity and access governance implementation, project management, process optimization, and specific offerings for various industries such as utilities, media, finance, and life sciences. Omada's solutions are designed to facilitate efficient management of user access rights and compliance control through best practice workflows, reporting, and user provisioning. Founded in 1999 and headquartered in Copenhagen, Denmark, Omada operates both in Europe and North America, delivering its solutions directly and through a network of partners and system integrators.

ParkMobile

Funding Round in 2014
ParkMobile USA, Inc. provides mobile payment solutions for parking across the United States, focusing on both on-street and off-street options. Founded in 2008 and based in Atlanta, Georgia, the company offers a mobile application compatible with various smartphone platforms, allowing users to pay for parking quickly without needing meters or kiosks. Its services extend to over 3,000 locations, including major cities, college campuses, airports, and stadiums. ParkMobile’s technology includes features such as QR code access for gated facilities, a management platform for optimizing parking inventory, and online permit systems for automated processing. The company also facilitates parking reservations for events and in urban areas, enhancing the convenience of finding and securing parking spaces. ParkMobile operates as a subsidiary of Parkmobile Group B.V. and has received recognition for its innovative solutions in the parking industry.

Hans Glas

Acquisition in 1966
Hans Glas GmbH is a former German automotive company, which was based in Dingolfing. Originally a maker of farm machinery, Glas evolved first into a producer of motor scooters, then automobiles. It was purchased by BMW in 1966, mainly to gain access to Glas's patents, they were the first to use a timing belt with an overhead camshaft in an automotive applications, with its limited model range shortly phased out by its new parent.
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