The Mobility House closes new strategic financing round
What's the deal? Munich-based The Mobility House, a leading vehicle-to-grid (V2G) platform, has closed a new financing round with strategic investors from the automotive, energy, and infrastructure sectors. The round drew backing from Mercedes-BenzDealroom has a profile for this one. Try Dealroom →, Alliance VenturesDealroom has a profile for this one. Try Dealroom → (the venture capital arm of Renault-Nissan-Mitsubishi), MitsuiDealroom has a profile for this one. Try Dealroom →, Singapore PowerDealroom has a profile for this one. Try Dealroom →, ComfortDelGroDealroom has a profile for this one. Try Dealroom → Groups, and Wermuth Asset ManagementDealroom has a profile for this one. Try Dealroom →'s Green Gateway FundDealroom has a profile for this one. Try Dealroom →, which contributed roughly 34% of the round.
The Mobility House builds intelligent charging and energy management solutions that let electric vehicle batteries support electricity grids and optimise energy usage in real time.
Separately, Wermuth's Green Growth Fund 2 led and structured a financing round for Toulouse-based Ellona, an AI-powered environmental intelligence provider. That round — closed via an accelerated book building process — included ADP Invest and Airbus Ventures.
Why now? Electrification is accelerating across Europe, and grid flexibility has become a pressing concern. As more EVs hit the road, the ability to use their batteries as distributed energy storage — feeding power back to the grid at peak times — grows more valuable. The Mobility House sits at that intersection.
"Both companies address structural challenges facing Europe — from energy system resilience and electrification to AI-driven infrastructure intelligence," said Jochen Wermuth, founder and chief investment officer of Wermuth Asset Management.
What could go wrong? V2G technology still faces regulatory fragmentation across European markets, and consumer adoption depends on automakers enabling bidirectional charging at scale. The Mobility House also operates in a space where utilities and carmakers could eventually build competing in-house solutions.
The signal: The Mobility House's breakout-stage status on Dealroom, combined with a syndicate composed entirely of corporate strategics — Mercedes-Benz, Mitsui, Singapore Power, and the Renault-Nissan-Mitsubishi alliance — rather than traditional VCs, suggests V2G is crossing from venture-backed experimentation into core infrastructure planning for automakers and utilities alike. When the companies that manufacture the cars and operate the grids both invest in the same platform, the technology thesis is no longer speculative — it's procurement strategy.
Read more: Asset Physics
