Global Expansion - LIQUIDiTY Group Deploys $1.6B in Over 65 Countries in 2022
2022 was an unparalleled year for global expansion at Liquidity Group and Mars Growth Capital. We added exciting locations in London, Abu Dhabi, and Singapore which expanded our global footprint and allowed us to diversify our portfolio of funding mid-market, late-stage, and unicorn tech companies and even launch our first equity fund. From being the first Israeli company to partner up with the Abu Dhabi Investment Office and form a unique R&D center, to expanding and deploying funds in new markets such as Australia, Saudi Arabia, Ireland, and more it is clear that the $1.6B in over 65 countries represents the most diversified offering from Liquidity Group to date.
Here are a few samples from the funding highlights in Liquidity Group’s stellar 2022.
Mars Growth Capital, part of the Liquidity Group, provided funding to Speedoc, a Singapore health tech platform revolutionizing at-home hospital care, helping them raise $28 million in pre-Series B funding. Based in Singapore, Speedoc was founded in 2017 by Dr. Shravan Verma and Serene Cai. Its services include telemedicine consultations, on-site doctor and nurse visits, virtual hospital wards, and ambulance hailing.
Liquidity Group provided a second round of funding to India-based Infra.Market which is in addition to the $50 million in growth capital funded from Liquidity Group’s MARS Unicorn Fund earlier in the year
Founded by Sengupta and Aaditya Sharda in 2016, Infra.Market uses technology to provide a procurement experience for players in the construction ecosystem. It focuses on high-volume construction products under its brands and aims to solve issues such as a lack of price transparency, unreliable quality, fragmented vendor base, and inefficient logistics.
Sydney-based logistics startup Ofload has raised $60 million in a Series B round of equity and $20M in debt from Liquidity Group’s Mars Growth Fund. Founded in 2020, Ofload acquired Melbourne freight specialist CIA Logistics in its first deal to expand nationally in September this year.
Mars Growth deployed $50M of venture debt to Saudi Arabian company Trukker, our first in the region. Trukker, which provides an Uber-like digital network for lorries and pick-up trucks in the Mena region, seeks to enter new markets and improve its products and services before its planned initial public offering.
After deploying funding of $50M of growth capital in 2021 to the social trading and multi-asset investment company e-Toro, Liquidity Group continued its support with additional funding to help the company grow its global presence. eToro is a global community of more than 30 million registered users who share their investment strategies. The platform enables users to easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.
Railsr, the London startup that rebranded from Railsbank earlier this year, has raised $46 million, a Series C coming in the form of $26 million in equity and $20 million in debt from Mars Capital Growth. CEO and co-founder Nigel Verdon said the debt will be used for the same purposes as the equity but is coming in at a lower cost. “Equity is expensive at the moment,” he said.
Railsr is a platform and financial service that enables banks, businesses, and brands to define the future of consumer and SME finance.
ChannelSight, the e-commerce firm located in Ireland and founded by the man who built the first Ryanair website, has secured $7 million in debt financing from Liquidity Group.
ChannelSight has a range of featured products that can help evolve any digital strategy and optimize it for success. Implementing their products will remove competitive distractions and drive multi-product selection, ultimately increasing conversions.
Based in Cambridge, MA, actnano, Inc. announced it was provided an additional $8 million from Liquidity Group in growth funding to leading nanotechnology company actnano, Inc. The company’s innovative technologies can be applied directly on connectors, antennas, LEDs, and high-heat generating components providing the most comprehensive electronics protection while also protecting the health and safety of workers and the environment. The company is currently protecting electronics on over 2 million production vehicles, including 80% of EVs in North America.
New York-based Caraway launched as a DTC brand in November 2019 with the first high-design, non-toxic, and non-stick cookware product on the market. Caraway has since amassed a cult-like following to become one of the most in-demand lifestyle brands. Through their latest funding, including funds from Liquidity, Caraway will continue growing its omnichannel presence as the brand gears up to launch 350 new Target stores in October.