Liquidity, an AI-focused private credit firm, has unveiled new European headquarters in London alongside a plan to invest £1.5bn into UK firms over the next five years.
Liquidity has multiple credit funds and facilities, as well as a growth equity arm in Singapore.
The firm uses machine learning and decision science technology to help it deploy capital more quickly, providing credit and equity financing to mid-market and late-stage companies.
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Since entering the UK market, Liquidity has already invested over £350m in 12 companies, including SumUp, Butternut Box and HungryPanda.
Its new office in London’s Soho will seve as the operational hub for 14 investment professionals.
“We are thrilled to establish a strategic base in London, a key market brimming with financial leadership and technological innovation that also positions us at the heart of a dynamic entrepreneurial ecosystem,” said Ron Daniel, co-founder and chief executive of Liquidity. “Our new London headquarters will enable us to forge even greater partnerships, attract top talent and to accelerate our mission to empower the next generation of growth-stage companies.
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“We have remarkable confidence in the region and plan to inject an additional £1.5bn+ into cutting-edge enterprises over the next five years.”
The UK’s secretary of state for science, innovation and technology, Peter Kyle said: “we are already home to some of the world’s leading tech and AI powerhouses and Liquidity’s substantial UK growth plans represent a huge vote of confidence both in our AI sector and in the steps we’re taking to make the UK a world-leading AI hub.
“Liquidity’s investment in our tech and innovation expertise will not only open up new avenues for companies to scale and realise their ambitions, but it will create new jobs which will deliver enormous opportunities –benefitting working people up and down the country so they can thrive in the age of AI.”
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Liquidity operates globally, with offices in London, New York, Singapore, Tel-Aviv, Abu Dhabi and San Francisco. It is backed by several global financial institutions including Japan’s largest bank, MUFG, Spark Capital and KeyBank.
