- The initiative celebrates Liquidity’s recent milestone of closing $2.5 billion in non-dilutive late-stage funding in 2022 and investing more than $100 million in UAE companies.
- The firm plans to invest $500 million in startups in the UAE and MENA region this year.
Abu Dhabi, UAE – Liquidity Group, a pioneering financial technology firm and asset manager that uses patented machine learning and decision science to raise capital for high-growth technology companies, has announced the launch of its global ‘Twenty Chairs’ event series. The event series will bring together leading industry players to network and discuss the latest trends and challenges in the financial services ecosystem.
To launch the special edition of Twenty Chairs at Investopia X SALT 2023, an investment platform that brings together global leaders and change agents to engage with modern thinking about the global investment ecosystem, Liquidity Group, in partnership with SALT and iConnections, organized a VIP welcome dinner. To mark the momentous launch, Lieutenant Colonel Yariv Nornberg, 8200 Elite IDF Intelligence Unit, MD addressed the audience and shared his insights on best practices in the Israeli technology ecosystem and how the same spirit can be integrated in Abu Dhabi.
The exclusive event was held on 1 March in Abu Dhabi and was attended by a group of prominent industry players, including representatives from major companies such as ADIA, Mubadala and Apollo. Speakers shared insights on a wide range of topics, including venture capital, entrepreneurship and technology transfer.
Commenting on the first edition of Twenty Chairs in the Middle East, Ron Daniel, Managing Director of Liquidity Group said: “We are thrilled to host the first edition of the ‘Twenty Chairs’ event in Abu Dhabi, the fastest growing hotspot for global entrepreneurs and business leaders. At Liquidity, supporting growing businesses at their critical stages is at the heart of what we do. Our goal is to provide seamless financing solutions for businesses, supported by a team of experienced entrepreneurs and professionals, along with data scientists, machine learning , legal and analytical experts paving the way for a new era of technology investment.”
He added, “We are committed to providing entrepreneurs with access to fast and flexible capital so they can realize their growth ambitions and contribute to the thriving tech ecosystem and vibrant community of global entrepreneurs, VCs and accelerators in the UAE. Now that Liquidity Group has achieved unicorn status, this event further emphasizes our goal and we hope the startups will benefit from the ‘Twenty Chairs’ initiative.”
As a credit-focused fintech company, Liquidity Group’s mission is to help businesses grow by providing growth capital and organizing forums and thought leadership events to foster ideas and connections. The company’s R&D center at Abu Dhabi Global Market (ADGM) focuses on developing ML-enabled lending technology solutions for its underwriting platform.
Dhaher bin Dhaher Al Mheiri, CEO of ADGM Authority said: “The launch of the ‘Twenty Chairs’ event series is a testament to Liquidity’s contribution to fostering the growth and development of the fintech and startup ecosystem in ADGM and the UAE, as well as providing innovative technology funding solutions that help many of these businesses to grow and thrive.As the relationship between the UAE and Israel continues to develop, particularly in the technology sector, we believe Liquidity Group’s expertise and experience will play a key role in facilitating innovation and growth in both countries Liquidity’s achievement of “Unicorn” status and plans to invest $500 million this year to support startups in the UAE and MENA region will further fuel the growth of this dynamic global marketplace.
Liquidity Group is the first Israeli company to partner with the Abu Dhabi Investment Office as part of their “innovation program.” In addition, ADGM led a ground-breaking delegation to Tel Aviv last year to strengthen investment ties across markets and accelerate the growth and development of innovative companies.
This development demonstrates Liquidity Group’s commitment to fostering the growth of startups and the technology ecosystem in the MENA region, as well as its position as a leading player in the industry. The ‘Twenty Chairs’ global series of events will also take place in other locations, including Singapore, London, New York and Los Angeles.
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About Liquidity Group
Founded in 2018, Liquidity Group is a pioneering technology firm that has become the industry’s fastest-growing lender to mid-market, late-stage companies by automating the entire debt lending cycle. The firm’s patented machine learning and decision science technology has enabled the firm to deploy more capital through more deals faster than any firm in capital markets history. Backed by top financial institutions including Apollo (NYSE:APO) and MUFG (NYSE:MUFG), Liquidity Group provides growth capital through funds focused on the US, Asia-Pacific, Europe and the Middle East. Liquidity Group’s subsidiary, Singapore-based Mars Growth Capital, and its partner MUFG [MUFG:NYSE] jointly manage the company’s operations in Southeast Asia. For more information, please visit: www.liquiditygroup.com.
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