Auto Show Notes: Techstars Mobility Rebrands, Expands Mission
Summary
Techstars launched an incubator for mobility startups in the Motor City four years ago, and the program has flourished since. “The name change helps us recruit what Detroit is good at: mobility, manufacturing, and the Internet of Things,” Serbinski explains. The partnership is part of Lear Innovation Ventures Possibilities , an investment arm led by the company’s chief technology officer, John Absmeier. It’s a good fit,” Serbinski says, adding that LIV Possibilities has a directive from company executives to do more startup investing. “We are fully committed to accelerating the pace of innovation and collaboration around the autonomous, connected, electrified, and shared mobility trends and believe the expansion of focus for Techstars fits well with our strategy,” Absmeier said in a press release.