Assembly Ventures is an early-stage venture capital firm launched in 2020, dedicated to supporting entrepreneurs in the mobility sector. The firm invests in companies innovating at the intersection of transportation, logistics and infrastructure, covering the movement of people, goods, data and energy across air, land, sea and space. As the first transatlantic mobility fund, it blends North American and European perspectives to spot emerging opportunities. With offices in Detroit, Berlin and Silicon Valley, Assembly Ventures leverages its international presence to engage with industrial centers and technology clusters. It partners with founders who aim to reshape mobility systems and support sustainable growth.
Assembly Ventures targets seed through Series B rounds across North America, Europe and Israel, guided by a ‘Mobility 4.0’ model that spans infrastructure, systems and applications. This structure helps identify companies that bring new capabilities to physical and digital transportation networks. As of August 2023, its inaugural fund closed at $76 million, raising total assets under management to $94 million. The team draws on long-term industry connections and practical operating experience to inform decisions and help portfolio companies scale efficiently. The approach also prioritizes ventures that improve efficiency and sustainability across supply chains, vehicle technologies and data platforms.
In the area of clean technology and battery research, Assembly Ventures has backed companies aiming to advance sustainable energy solutions. The firm participated in the Series A round for Our Next Energy, supporting development of dual-battery systems and novel chemistries for electric vehicles and grid storage, and holds a board observer seat. It also supports Sortera Technologies, an industrial AI startup that improves recycling processes to boost material recovery and promote a circular economy. These investments reflect a broader commitment to energy transition and resource efficiency.