New fund Motive Early Stage of € 150 million for Motive Ventures
Berlin — Motive Ventures Management GmbH, the German-based early-stage investor of Motive Partners, has successfully launched its new EuVECA fund Motive Early Stage (AAV). Motive Ventures focuses on pre-seed to Series A investments in the financial technology industry in North America and Europe. The team consists of 13 employees in Berlin, London and New York. — POELLATH advised Motive Ventures on the launch of the Motive Early Stage (AAV) fund, a strategic partnership with ABN AMRO.
Under a strategic partnership between U.S.-based Motive Partners and ABN AMRO, Motive Ventures will manage the Motive Early Stage (AAV) Fund with assets of €150 million, comprising investments in 15 portfolio companies. In addition, ABN AMRO will become a significant investor in the Motive Early Stage (E) Fund.
Motive Partners is a U.S.-based leading international private equity firm focused on venture, growth capital and buyout investments in the technology-enabled financial services sector. ABN AMRO is a Northwest European retail, commercial and private banking bank headquartered in Amsterdam. The partnership reflects the shared commitment of two major financial technology investors to driving continued innovation and growth in the evolving industry.
POELLATH advised Motive Ventures on all contractual, regulatory and tax aspects of the fund structuring as part of the strategic partnership with the following Berlin team:
Dr. Philip Schwarz van Berk (Partner, Lead Partner, Private Funds)
Ronald Buge (Partner, Tax / Private Funds)
Nele Frie (Associate, Private Funds)
Katharina Hammer (Associate, Private Funds)