Tokyo/Singapore, May 12, 2023 --- MUFG’s consolidated subsidiary MUFG Bank and Liquidity Group’s core company Liquidity Capital M.C. Ltd. (Liquidity Capital), an Israeli fintech company, announced today they will establish a new debt fund, the “Mars NEXI Fund”, under their joint venture, Mars Growth Capital Pte. Ltd., utilizing an insurance solution from NEXI (Nippon Export and Investment Insurance) to provide financing to startups globally.
Since its inception in 2021, Mars Growth Capital has leveraged Liquidity Group’s decision science technology to finance and support the growth of many startups. MUFG Bank has been the sole limited partner providing financing for start-up companies for both the Mars Growth Capital Fund 1, LP, established in 2021, and the Mars Growth Capital Pre-Unicorn Fund, LP, established in 2022.
The new Mars NEXI Fund will take advantage of NEXI’s Overseas Untied Loan Insurance and trust solution to supplement the credit of borrowers, and will solicit Japanese institutional investors through Mitsubishi UFJ Trust Bank to finance startup companies in APAC and EMEA. Through this fund, we will provide new investment opportunities to Japanese institutional investors, and contribute to sparking innovation and development of new industries by invigorating investment in and lending to startup companies through public- private partnership activities.