
BMW Invests in SMC, aiming for next-level efficient electric motors
BMW Invests in SMC, aiming for next-level efficient electric motors Like it or not, the automotive world seems to be going electric. That means electric motors and batteries will become the next big thing, with big-time names already investing in the industry. BMW, as a car maker, has not only to keep up but stay ahead of the curve. To that end, BMW’s strategic investment arm, BMW i Ventures, announced an investment in Software Motor Company (SMC).
The Silicon Valley-based company has completed a $25 million financing round which saw, among others, BMW i Ventures as one of the investors. According to them, the funds raised will allow them to expand and continue accelerating product development efforts. Their main focus is designing and deploying the world’s most reliable, ef...





























