Pathfinder Acquisition Corporation and Movella announce Business Combination

Pathfinder Acquisition Corporation (NASDAQ: PFDR) is a purpose-built partnership between affiliates of two investment firms with a strong record of success as investors in technology and tech-enabled businesses: HGGC, a leading middle-market private equity firm based in Palo Alto, and Industry Ventures, a leading multi-strategy venture capital platform based in San Francisco.

Our corporate objective is to identify and execute a business combination with a high quality, growth-oriented private company in the tech sector that we believe can succeed as a public company and generate attractive returns for shareholders over the long term.

We are guided by our commitment to partnership alongside founders, management and shareholders, and we are led by a management team with decades of experience as partnership-oriented investors across the venture capital, private equity and public equity markets.