Assembly Ventures, a transatlantic venture capital platform based in Detroit, has successfully closed its inaugural $76 million Assembly Ventures Fund I. The fund will support early-stage startups and entrepreneurs working on cutting-edge technologies in the mobility sector.
With a focus on series seed, A, and B investments, Assembly Ventures aims to strategically support transformative innovations across land, air, sea, and space. The platform was founded in 2020 by experienced mobility investors and operators Chris Thomas, Jessica Robinson, and Felix Scheuffelen, who bring decades of investing and operating experience in the intersection of technology, automotive, manufacturing, and mobility.
Assembly Ventures recognizes the immense investment potential in the U.S. and Europe, particularly in areas like battery technology, clean energy solutions, climate tech, supply chain optimization, and automotive production. The platform believes that Western governments and industries are seeking to mitigate their excessive reliance on China by rebalancing their technological dependencies. This shift is driving the strengthening of public sector industrial policies to support critical investments in various sectors.
“We look at the world through this lens to anticipate and identify which technologies are critical, unique, and capable of generating exceptional value for our investors. By strategically investing in these technologies and helping our portfolio companies scale, we aim to play a pivotal role in moving the world towards efficiency, sustainability, growth, and freedom,” stated Chris Thomas, co-founder and partner at Assembly Ventures.
Assembly Ventures has already made several investments in line with its Mobility 4.0 thesis, including Metropolis Technologies, NAVIT, Our Next Energy (ONE), and Sortera. These companies are driving innovation in areas such as mobile commerce, corporate mobility benefits, energy storage, and recycling.
Despite a decline in the global venture market, Assembly Ventures was able to successfully close its fund. The platform’s investors include strategic corporates and individual investors in the U.S. and Europe who recognize the potential for unique mobility technologies.
Assembly Ventures’ industry expertise and network have led to its selection by the Association of the German Automotive Industry to host a day of programming at IAA Mobility, the world’s largest automotive and mobility show. The Assembly Summit will bring together global business leaders, investors, and entrepreneurs to discuss the current state of the industry and the trends shaping the automotive and mobility sector.
For more information about Assembly Ventures and its investments, visit assemblyventures.com.
1. What is Assembly Ventures?
Assembly Ventures is a transatlantic venture capital platform based in Detroit that invests in early-stage startups and entrepreneurs in the mobility sector.
2. What is the focus of Assembly Ventures’ investments?
Assembly Ventures focuses on series seed, A, and B investments in transformative innovations across land, air, sea, and space.
3. Who are the founders of Assembly Ventures?
Assembly Ventures was founded in 2020 by Chris Thomas, Jessica Robinson, and Felix Scheuffelen, who have extensive experience in the technology, automotive, manufacturing, and mobility sectors.
4. What are some areas of interest for Assembly Ventures?
Assembly Ventures is interested in investing in battery technology, clean energy solutions, climate tech, supply chain optimization, and automotive production.
5. Can you provide examples of companies that Assembly Ventures has invested in?
Some companies in Assembly Ventures’ portfolio include Metropolis Technologies, NAVIT, Our Next Energy (ONE), and Sortera. These companies are driving innovation in mobile commerce, corporate mobility benefits, energy storage, and recycling.