HomeUSAAssembly Ventures Launches Inaugural $76M Mobility Fund

Assembly Ventures Launches Inaugural $76M Mobility Fund


Assembly Ventures

Assembly Ventures, a Detroit, MI-based early-stage transatlantic venture capital platform investing in technologies across the mobility sector, closed its inaugural $76m Assembly Ventures Fund I.

Investors included strategic corporates such as Arbor Bancorp Inc., CRONIMET, MANN+HUMMEL, Renaissance Global Logistics, Stellantis Ventures, Vontier, and WF Whelan, and a long list of individual investors in the U.S. and Europe including Wolfgang Bernhart, Matt Cullen, Calvin Ford, Dan Gilbert (DVP), Philipp von Hagen, Joe Hinrichs, Karl Iagnemma, Jody Kelman, Tim Lalonde, Kathleen Ligocki, John Moavenzadeh, Stephen Polk, Tony Posawatz and Dug Song. Additional strategic entities, a pension fund, and individuals with deep expertise in automotive, mobility, energy and infrastructure were also part of the investor base.

Founded in 2020 by experienced mobility investors and operators Chris Thomas, Jessica Robinson, and Felix Scheuffelen, Assembly is committed to strategically supporting outstanding entrepreneurs driving transformative innovations across land, air, sea, and space, focusing on making series seed, A and B investments.

The firm recognizes substantial investment potential in the U.S. and Europe, especially in areas such as battery technology, clean energy solutions, climate tech, supply chain optimization, and automotive production.

With $94m in assets under management, Assembly has benefited from access to dealflow and thought-leaders in the industrial and innovation capitals of the Western world, including Detroit, Silicon Valley, Berlin. With the closing of the fund, the firm is in the process of opening an office in the German capital to advise on European investments.    

To date, it has announced several investments following their Mobility 4.0 thesis, including Metropolis Technologies, NAVIT, Our Next Energy (ONE), and Sortera.