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Venture capital firm taps auto execs to scout mobility startups


Venture capital firm taps auto execs to scout mobility startups
Keith Naughton
Several former auto execs to help steer startups from concept to reality
Mobility startups have become darlings of Wall Street
Former Ford Motor Co. executive Joe Hinrichs said he was attracted to Assembly Ventures in part because of its focus on Southeast Michigan and the firm’s aim to leverage the expertise of the traditional industrial centers in Germany and Detroit.
A venture capital firm co-headquartered in Detroit and Berlin is hoping to use its proximity to traditional automotive powerhouses to compete with Silicon Valley VC firms in the hot space for mobility-focused startups. ....

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