Latham & Watkins Advises Index Ventures on Motorway’s US$190 Million Funding Round

London emerging companies team advises on financing round giving the UK’s fasting growing used car marketplace a valuation of over US$1 billion.

December 02, 2021

Latham & Watkins advised Index Ventures on a US$190 million Series C funding round for Motorway, the UK’s fastest growing used car marketplace. Motorway has now achieved unicorn status with a valuation of over US$1 billion.

The round was led by Index Ventures and ICONIQ Growth, with participation from existing investors Latitude, Unbound, and BMW i Ventures.

Latham’s team was led by London corporate partner Shing Lo, with associates Samantha Si and Irene Brandão.

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