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BMW iVentures has invested in a new electric motor technology developed by startup DeepDrive. The California-based firm secured a co-lead investment of $16.1m in its Series A funding round, which was also supported by UVC Partners, Bayern Kapital with Wachstumsfonds Bayern, Continental’s Corporate Venture Capital Unit and renowned automotive manager Dr. Peter Mertens. DeepDrive’s dual-rotor […]


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