Hogan Lovells advises Motion Ventures on the formation of its US$100 million venture capital fund, Motion Ventures Fund II

Over the next 18-24 months, the Fund aims to deploy cheques of between US$250,000 to US$10 million into at least 25 companies, targeting solutions that digitize and decarbonize the global maritime supply chain. 

Commenting on the fund launch, Hogan Lovells partner Thomas Kim said: “We are proud to be advising Motion Ventures on the launch of their venture capital fund, which aims to provide much needed funding to early-stage start-ups in the global maritime supply chain. We are particularly pleased to be supporting Motion Ventures across all phases of their capital raising and deployment cycle, which once again demonstrates the strength of Hogan Lovells’ integrated offering for private fund sponsors and our extensive experience within the maritime sector.” 

Siew Kam Boon, Hogan Lovells Singapore office managing partner and head of Asia-Pacific Private Equity practice added: “We are privileged to be supporting Motion Ventures as their lead legal advisor. The launch of this fund represents a significant step forward in fostering sustainable and tech-enabled solutions in the maritime sector, and attests to the exciting interest and growth we are seeing in this space globally.”

The Hogan Lovells Singapore-based team was led by Thomas Kim and Shaw Shiuan Ong on the formation of the Fund, and by Siew Kam Boon and Therese Ang on the Fund’s venture capital investments. 

Hogan Lovells’ Asia Private Capital group is an integrated multi-office practice covering fund formation, private equity, private credit and finance that supports private fund sponsors as they navigate the complexities of the investment landscape in the Asia-Pacific region and globally. Supported by the firm’s deep bench in global regulation, intellectual property and litigation, Hogan Lovells provides a full-service offering to private fund sponsors across all investment types and geographies.