BMW AG announced on Wednesday that it is investing in Scoop Technologies, a California-based developer of a mobile application used for carpooling services. BMW is making the investment through its BMW iVentures venture capital division.
Currently operating in the San Francisco Bay area, the Scoop application allows users to connect to make arrangements for carpools.
The investment in Scoop is one of a number of financial commitments that BMW has made in mobility-related ventures.
The Germany luxury car maker has also provided backing for ride-hailing service Summon, fleet management software company RideCell and parking spot location service Zirx. Other companies included in the BMW mobile services investment portfolio include Moovit and Zendrive, applications that are used for connecting with public transit and improving driving behavior.