Motivate Venture Capital launches $81 million Fund II

Motivate Venture Capital announced its sophomore VC fund, Motivate Ventures Fund II, an $81 million vehicle anchored by two global financial services institutions.

Founded in 2019, Motivate Venture Capital is a venture capital firm based in Chicago investing in North American pre-seed and seed-stage startups. The team focuses primarily on B2B software and automation for legacy industries, including financial services, manufacturing, and insurance.

Fund II is strategically designed to foster “the next generation of era-defining companies.”