Alliance Ventures invests within the Mobility Home to spice up electrical mobility

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Alliance Ventures, the strategic enterprise capital arm of Renault-Nissan-Mitsubishi, publicizes an funding in The Mobility Home, a know-how firm that gives a platform for integrating car batteries into energy grids utilizing clever charging, power and storage options.

That funding is the most recent by Alliance Ventures in start-up, early-stage growth and entrepreneurs on the slicing fringe of next-generation know-how for the automotive business. The Mobility Home is predicated in Germany, Switzerland and California’s Silicon Valley.

“Alliance Ventures goals to supply the proper ecosystem of open innovation to make sure Alliance member firms ship mobility for tomorrow,” mentioned François Dossa, Alliance International Vice President for Ventures and Open Innovation and Chairman of Alliance Ventures. “The Mobility Home’s experience in e-mobility and power transition will contribute to the Alliance dedication to zero-emission autos and to the achievement of our imaginative and prescient: shaping the way forward for mobility.”

Alliance member firms and The Mobility Home have already launched into a number of tasks collectively. As an example, by way of collaboration with The Mobility Home, the Nissan LEAF was the primary electrical automotive for use in a Automobile-to-Grid (V2G) venture in Germany, in Hagen. Cooperating with Groupe Renault, The Mobility Home will market the most important stationary power storage programs made with electrical car batteries in Europe and contribute by way of its good power platform to make the Portuguese island of Porto Santo, close to Madeira, the primary “good island” on the earth.

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“Alliance Ventures is an ideal investor for The Mobility Home,” mentioned Thomas Raffeiner, founder and CEO of The Mobility Home. “The truth that the imaginative and prescient and talent set of our firms match collectively very effectively has been confirmed many instances prior to now. We’re delighted that we are able to embark on many extra tasks and make our shared imaginative and prescient of a sustainable power future come true even quicker.”

The funding in The Mobility Home follows 11 others by Alliance Ventures, together with start-up based mostly in North America, Europe and China.

Monetary phrases of the funding in The Mobility Home should not being disclosed.

ABOUT THE MOBILITY HOUSE
The objective of The Mobility Home is to create a zero-emission power and mobility future. Our know-how platform unites the automotive and power sectors. We combine car batteries into the ability grid utilizing clever charging, power and storage options. This fashion, we promote the event of renewable energies, stabilize the ability grid and make electrical mobility extra inexpensive. The know-how firm was based in 2009 and operates globally from its Munich, Zurich and Sunnyvale (CA) websites, serving prospects in over 10 international locations. These embrace main automotive producers, fleet operators, set up firms, power suppliers and electrical automotive drivers. For extra info, go to mobilityhouse.com.

ABOUT RENAULT-NISSAN-MITSUBISHI
Groupe Renault, Nissan Motor Firm and Mitsubishi Motors symbolize the world’s largest automotive alliance. It’s the longest-lasting and most efficient cross-cultural partnership within the auto business. Collectively, the companions bought greater than 10.6 million autos in practically 200 international locations in 2017. The member firms are centered on collaboration and maximizing synergies to spice up competitiveness. They’ve strategic collaborations with different automotive teams, together with Germany’s Daimler and China’s Dongfeng. This strategic alliance is the business chief in zero-emission autos and is creating the most recent superior applied sciences, with plans to supply autonomous drive, connectivity options and companies on a variety of inexpensive autos.
www.alliance-2022.com
www.media.renault.com
newsroom.nissan-global.com
www.mitsubishi-motors.com/en/newsrelease/

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ABOUT ALLIANCE VENTURES
Alliance Ventures is the strategic enterprise capital fund of Renault-Nissan-Mitsubishi, the world’s largest automotive alliance. The fund, launched in 2018 and co-located in Amsterdam, Silicon-Valley, Paris, Yokohama, Beijing and Tel Aviv, plans to speculate as much as $1 billion in its first 5 years to help open innovation. Alliance Ventures targets know-how and enterprise mannequin innovation in new mobility, autonomous driving, related companies, EV & power and enterprise 2.zero. By drawing on experience and enterprise alternatives from internationally’s largest automotive alliance, the fund makes strategic investments in any respect start-up levels and incubates new automotive entrepreneurs on the slicing fringe of next-generation programs for the automotive business.
www.alliance-2022.com/ventures/

MEDIA CONTACTS

Caroline Sasia
Alliance Ventures Communications
+33 (zero) 6 11 30 36 71
caroline.sasia-lallier@alliance-rnm.com

Anja Strunz
The Mobility Home Communication
+49 89 4161 430 34
communication@mobilityhouse.com


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