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Industrial Group invests €1m in Motion-S

Industrial Group invests €1m in Motion-S

Motion-S announces this Wednesday its successful fundraising of €1m from Group , a leading automotive equipment supplier in Latin America, which also becomes the Luxembourg company’s new shareholder. 
The deal, finalised on Monday after three months of due diligence and negotiations, is a further milestone for Motion-S, the University of Luxembourg’s first ever spinoff launched in 2014 focused on data-driven products and services in smart mobility, automotive and insurance. 

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