How BMW’s corporate venture capital strategy is changing

Last November, five years after starting a corporate venture capital group, carmaker BMW announced that it would invest up to 500 million Euros over the next decade, across a broad swath of the tech landscape, from 3D printing to on-demand transportation to smart logistics. BMW also moved its US office from New York to Silicon Valley, and accelerated the decision-making process for making new investments. We spoke to Managing Director Ulrich Quay to understand what’s behind all of the changes.

New York Field Study photos: Pfizer, BMW, Google, and more

More than 50 senior innovation, strategy, and R&D executives joined us last month in Manhattan for our June Field Study to visit labs, venture capital offices, and startup spaces operated by Pfizer, BMW, the New York Times, Google, Work-Bench, and Quirky.