What does BMW Startup Garage do?

The BMW Group Startup Garage is the venture client unit of the BMW Group, established in February 2015 in Garching, Germany. It connects innovative startups with BMW's business challenges, fostering long-term partnerships to enhance innovation. The Garage has assessed 4,700 startups and collaborated with over 220 from 26 countries, helping 30 startups become established suppliers within the BMW network. The Startup Garage operates on a venture client model, allowing startups to retain ownership while serving as their first major client. It provides startups with revenue, access to BMW resources, and collaboration opportunities with engineers and managers. The program focuses on integrating startup innovations into BMW's products and operations, targeting advancements in mobility and automotive technology. Key services include real-world validation of prototypes, pilot projects, and networking events, enabling startups to scale their solutions within BMW's ecosystem.