The corporate finance boutique Pier11 advised the venture capital fund Motion Ventures as lead investor in the pre-seed round of the start-up Limbiq System GmbH. The financing round amounted to EUR 1 million.
Motion Ventures is a strategic global venture investment fund with a focus on early-stage investments in the maritime supply chain sector.
Limbiq was founded in 2020 with the ambition to create a flexible and efficient supply chain workflow solution to revolutionize communications in international logistics and to ease the daily pains of supply chain professionals that are facing in particular increasingly broken supply chains.
For Motion Ventures it is the first investment in Germany. Prof. Dr. Stephan R. Göthel was responsible for the legal advice by Pier11.
About Pier11:
Pier11 is a boutique law firm located in Hamburg, Germany, specializing in Corporate, M&A, Private Equity/Venture Capital as well as Finance, Restructuring and Insolvency. The law firm advises German and foreign companies from a wide range of industries, from founders to market leaders, as well as banks, investors and family offices.
Contact: stephan.goethel@pier11.de
