Sep 20, 2017

Spatial announced as finalist for BMW Startup Challenge

We are excited to announce that Spatial placed as a finalist in the BMW Startup Challenge! Ten finalists were selected and will present their technologies to a jury of leading innovators in the startup world.

See the official press release.

BMW has challenged startups from across Europe, working in all fields related to mobility products or services, to submit their pioneering technology, product or service ideas for a competition that offers a chance to become part of a pool that buy billions of dollars’ worth of products and services every year.

The ten startups represent a diverse range of innovative new technology fields that include electric vehicle batteries, artificial intelligence, energy generation, electric motorcycles, peer-to-peer personal transportation, IP security and anti-counterfeiting, wireless electric vehicle charging, augmented reality, radiation protection and carbon dioxide management and control.

The finalists have been selected from companies that originally entered the BMW Startup Challenge, which is held in conjunction with StartupFest Europe 2017, Europe’s leading startup festival that is taking place in The Netherlands from September 25–28th

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The Hague, NetherlandsAll competition applicants were initially screened by the BMW Startup Garage, the team responsible for identifying startups for partnerships with the BMW Group. Judging criteria called for uniqueness of the idea, quality of early investment in the startup and the potential strategic impact of the idea upon the BMW Group’s business.

“The quality of the submissions from the startups was exceptionally high and has brought to the BMW Group’s attention many highly innovative and creative business ideas from some truly diverse areas of interest,” said Neil Fiorentinos, Managing Director of BMW Group Nederland.

The top three startups, selected from those 10 finalists, will then be invited to present their innovations to a live audience consisting of international journalists and entrepreneurs in a special BMW Startup Symposium in Amsterdam on September 26th.