Rethink Ventures has announced a €50 million specialist fund focused on mobility, automotive and logistics. The Munich-based company focuses specifically on early-stage European-based startups with the keywords ‘clean, safe and digital’, all the way up to Series A funding. LPs include ZF Ventures, Hellmann Worldwide Logistics, KION Group, Berylls, HAVI, and European Investment Fund and several family offices.
“As the global demand for mobility and logistics continues to grow, the transport sector faces significant challenges. With the added negative externalities, such as the heavy use of , there is tremendous pressure to rapidly change the way people and goods move,” says Jens-Philipp. Klein, his partner, General of Rethink, said: “Our mission is to help early-stage startups address these challenges, using our capital, deep expertise, and access to a strong network of companies to scale their technology and products. Together with all industry stakeholders, we aim to facilitate solutions that ultimately deliver clean, digital and safe mobility for all.”
The Fund’s top priority is to provide unparalleled support to its portfolio companies while adding long-term value to its corporate partners and creating a mutually beneficial ecosystem that has a positive impact on all. says there is.
The Fund’s thesis-driven investments focus on next-generation vehicle technology (software-defined, autonomous driving, new powertrains), mobility (comfortable, safe and affordable mobility for all), logistics (digital , automated and sustainable operations), and energy (infrastructure to power the clean, emission-free transportation of the future).
The new fund has made three investments so far. Shipzero, a data-driven platform to measure and reduce CO2 Global Freight Shipping Emissions; Rydes is a SaaS solution for companies to facilitate sustainable employee mobility by providing employees with access to a range of transportation services.