Movella went public via a SPAC merger with HGGC and Industry Ventures-backed Pathfinder Acquisition in a $537m deal.

Movella, a developer of motion sensors and associated technology, went public via a SPAC merger with HGGC and Industry Ventures-backed Pathfinder Acquisition in a $537m deal. Francisco Partners participates in the deal. “We are excited to be joining Nasdaq. Becoming a public company will fuel our growth in digitizing movement and accelerate our progress in enabling our customers to realize extraordinary outcomes across entertainment, health & sports, and automation & mobility markets,” Ben Lee, Movella President and CEO.