Post on 16-Dec-2015
transcript
BMW Board
ORGANIZATIONAL SET-UP.
BMW i Ventures, 20.01.2012 Seite 2
„… become leading provider of premium products and services for individual mobility…”
Dr. Norbert ReithoferCEO BMW AG BMW Group Strategy NUMBER ONE
BMW i Ventures
Project Mobility Services aims to develop future mobility business models for the BMW Group.
BMW i Ventures Support Mobility Services Project to
achieve its targets. Identification of mobility trends. Give access to innovative technologies
and nascent markets through partnerships with portfolio companies.
Undertakes early and mid-stage investments with high growth potential and strategic fit in the area of Mobility Services.
Sales & Marketing
Project Mobility Services
OFFICES AND FACES.
Silicon Valley
BMW i Ventures
BMW Group Technology Office
New York Munich
Shanghai
Tokyo
Dr. Berhard BlättelPresident BMW i Ventures
Thorsten MattigMD BMW i Ventures EU
Christian Noske Scouting and Evaluation
Alexander Diehl MD BMW i Ventures US
Ulrich QuayMD BMW i Ventures US
Name Advisor BMW i Ventures
BMW i VENTURES – A STRONG PARTNER FOR START-UPS.
We support actively – not just money:
We bring customers (international and large customer base with premium focus).
We bring intelligence (10.000 engineers and market intelligence).
We bring reach (marketing power in BMW channels).
We bring coverage (press and PR coverage, massive buzz).
We bring network (access to F500 companies and top industry leaders, authorities, governments, supplier and to other established investors).
…and we support indirectly, too:
We have office space available at premium premises in NYC.
We bring in our well established, credible brand with strong brand value.
And we share the passion to grow good ideas to the next stage.
BMW i Ventures, 20.01.2012 Seite 4
BMW i VENTURES INVESTMENT STRATEGY.
BMW i Ventures, 20.01.2012 Seite 5
4 points to fit into our portfolio:
INVESTMENT FOCUS
RISK & PORTFOLIO EXIT
Seed
A B
C
Focus on urban mobility innovations. Market tested product. Early revenues. Privately-held tech startups.
Minority investments.
Mainly A and B series.
Selectively seed and later stage.
Investment mainly as co-investor/follower in cooperation with other CVC or private venture companies.
Request board or observer seat.
Portfolio companies likely to attract acquisition interest in 3-5 years.
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BMW i VENTURES INVESTMENT AREAS.
BMW i Ventures, 20.01.2012 Seite 6
Intelligent
parking solutions
E-Mobility
Intermodal
Solutions
Car sharing and per usage models
Location-based and ad-
hocservices
…Infotainment
Parking Technology
Peer-to-peer parking
On/Off-street parking
Peer-to-Peer Car Sharing
Car Sharing
Ride Sharing
Pedestrian Navigation
…
Smart Traffic
Big Data / AnalyticsPeer-to-Peer EV-
Networks
Public EV-Networks
EV Technology
Smart GridRouting &
InformationIntermodal Navigation
CS Technologies
…
…
…
Founded in 2009, HQ London, 7 EmployeesInvestment:
Target: 05/2011 TGBP 500 (25,1%), Actual invest: 10/2012 TGBP 250 (12,51%)
215.000 registered customers in the UK (growing by 8k/month).
300.000 visitors per month.
~5.000 bookings per month.
Revenue has increased by 85% btw. Jan 2011 and Sep 2012 up to approx . TGBP 23.
EBIT approx. in line with business case, Revenue far below business case.
62.000 unique parking spaces around the UK, already 7.000 in the US (start of service 01/2012).
~80,000 vehicle makes, models and registration number database .
Source Park@myHouse
PARK@MYHOUSE –„AIRBNB“ FOR PARKING.
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Company Founded in 2009, HQ New York City, more
than 30 Employees
Facts Winner of Big App Contest 2010 (Popular
Choice and Investor's Choice) Provide location based services that help
people moving around cities Available in 70+ cities 11/2012: 5m downloads mega-utility tool for navigating the urban
areas; Purchasing movie, concert, or special event tickets; Searching local restaurants; Up-to-the minute traffic feeds with live camera images; Locating the nearest wireless hotspot; Finding the perfect parking spot ahead of time
Investors: BMW i Ventures, First Mark, EDC
MYCITYWAY. CITY INFORMATION PORTAL.
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Company Founded in 2008
Facts Intermodal app available for 12 transport
systems in 10 cities Winner of MTA App quest Best Mobility App in NYC Big Apps 3.0 Huge boost since launch of Apple iOS
6.0: Apple refers to Embark and other intermodal apps since it stopped using Google maps (Embark is first free app in list of recommended apps).
More than 1.8m downloads in total
Investors: BMW i Ventures, Y-Combinator, SV Angel, Start Fund
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URBAN TRANSPORTATION MADE EASY - EMBARK.
Company Founded in 2007, HQ Campbell,
California.
Facts ChargePoint dominates the market in
North America for public EV charging Pike Research (12/2012): ChargePoint is
world’s leading charging company unique in having an open network being
re-sold by a growing number of hardware partners
run 10,200 charging spots with more than 1.5m charging sessions completed
more than 25,000 EV drivers have ChargePoint card (50% of all EV drivers in the US)
Investors: BMW i Ventures, Siemens, Rho Ventures, Braemer Energy Ventures and others
CHARGEPOINT. ELECTRIC VEHICLE CHARGING .
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BMW i VENTURES: BEST OF BOTH WORLDS.
…to get the best of both worlds: BMW i Ventures.
BMW i Ventures
Wallpaper
Cool hunting
…add start-up attributes speed, innovation, disrupting ideas, agility creativeness…
Take BMW’s brand(s), customers, financial power, brain and contacts….
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HOW BMW i VENTURES SUPPORTS BMW i.
BMW i Ventures, 20.01.2012 Seite 13
Provide access to mobility services that make use of BMW i vehicles smarter and more comfortable
Provide comprehensive urban
mobility offer for BMW i drivers
(also beyond the vehicle)
Identify trends of future mobility
Support technology leadership
of BMW I by offering innovative
mobility services
Provide brand awareness for early adopters, start-up entrepreneurs and investors
Enhance the BMW i network and brand
capabilities BMW i.