Mitrjaschkin will be a partner at joint venture Incharge Capital Partners.
Aleksej Mitrjaschkin has stepped down as Porsche’s head of investment after 12 years to become a founding partner of a venture capital firm linked to the German carmaker, Incharge Capital Partners.
Incharge Capital Partners is a joint venture between Porsche and DTCP, an investment firm backed by telecoms provider Deutsche Telekom. It was established in March last year and is based in Berlin, Germany.
The firm invests in early-stage technology companies in Europe and North America that operate in the transport and logistics sectors, focusing on autonomous systems, clean mobility and seamless supply chains.
Incharge Capital’s team also includes founding partner Michael Schrezenmaier, former chief executive of point-of-sale terminal provider SumUp, and vice-president Robin Jovenaux, who previously led growth equity investments at DTCP. Sebastian Feurig, who had been a venture intern with Incharge Capital since June last year, has now been promoted to analyst.
Incharge Capital Partners has made one investment to date, according to its website, contributing to a $200m series B round for Canada-based Waabi, which has developed generative AI technology to steer autonomous lorries, in June 2024.
Porsche was also among the backers of Waabi’s series B round, as were fellow corporates Scania (via Scana Invest), Volvo Group (through Volvo Group Venture Capital), Ingka (via Ingka Investments), NVIDIA and Uber, which led the round.
