Mitsubishi UFJ Financial Group’s subsidiary MUFG Bank and Liquidity Capita announced today they will establish two new debt funds. Mars Japan Fund, which will provide financing to Japanese startups and Mars Europe Fund, which will provide financing to European startups, under their joint venture, Mars Growth Capital.
One of Mars Growth Capital’s latest investments includes the Spanish startup Top Doctors, which recently received €8 million to further develop its platform, which enables patients to easily access medical specialists.
Since its inception in 2021, Mars Growth Capital has leveraged MUFG Bank’s global network and debt financing expertise and Liquidity Capital’s AI technology to provide unique loans which avoids diluting equity, to overseas startups.
The newly established Mars Japan Fund will utilize the knowledge of both MUFG Bank and Liquidity Capital, and leverage the expertise of Mars Growth Capital, to provide growth financing to promising pre-unicorns and unicorns in Japan, thereby contributing to creating and supporting the growth of Japanese-born, world-class unicorns.
Mars Growth Capital has primarily targeted Asian startups, but after receiving numerous interests from European companies, it was decided that a new fund for European startups would be established. Through the Mars Europe Fund, MUFG Bank and Liquidity Capital will support the growth of startup companies in Europe and seek to provide a wide range of financial services from MUFG Group, including IPO support through MUFG’s alliance with Morgan Stanley.
Mitsubishi UFJ Financial Group (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,100 locations in more than 50 countries. The Group aims to be the world’s most trusted financial group through close collaboration among their operating companies and flexibly respond to all of the financial needs of their customers, serving society, and fostering shared and sustainable growth for a better world.
Founded in 2018, Liquidity Group is a fast-growing lender to mid to late-stage companies by automating the entire debt finance process. The firm’s patented machine learning and decision science technology enabled the firm to deploy capital fast enough to meet the clients’ needs.
