Motion latest Kiwi VC firm to set up shop
Lachlan Nixon has done a first close of his new fund, Motion, at $6 million.
Motion founder Lachlan Nixon.
Former Pacific Channel investment principal Lachlan Nixon has struck out on his own after eight years with the firm to set up a new venture capital fund manager Motion Capital Management in Auckland.
He’s just done a first close of the new fund at $6 million, with $5m from one cornerstone investor
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