The Mobility House, a technology company that provides a platform for integrating vehicle batteries into power grids using intelligent charging, energy and storage solutions, received an investment from Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi.
The financial terms of the investment were not disclosed.
Founded in 2009 by Thomas Raffeiner, CEO, The Mobility House aims to create a zero-emission energy and mobility future via a technology platform that integrates vehicle batteries into the power grid using intelligent charging, energy and storage solutions. The company operates globally from its Munich, Zurich and Sunnyvale (CA) sites, serving automotive manufacturers, fleet operators, installation companies, energy suppliers and electric car drivers in over 10 countries.
Alliance member companies and The Mobility House have already embarked on several projects together. For instance, through collaboration with The Mobility House, the Nissan LEAF was the first electric car to be used in a Vehicle-to-Grid (V2G) project in Germany, in Hagen. Cooperating with Groupe Renault, the company will market large stationary energy storage systems made with electric vehicle batteries in Europe and contribute through its smart energy platform to make the Portuguese island of Porto Santo, near Madeira, a “smart island”.