• US-based Liquidity Capital has partnered with Dubai-based Yas Investments to launch a $100 million venture debt fund in Abu Dhabi Global Markets, focused on financing Mena-based tech startups. 

• The sector-agnostic fund will offer growth financing options to Mena-based tech startups, aiming to build a financial ecosystem supporting the region’s tech innovation, attract highly skilled workers and help these promising companies expand globally.

• Yas Liquidity Fund marks Liquidity Capital’s second newly launched fund of the year.

Press release:

Liquidity Capital, the global fintech and fund manager announced its newest joint venture with Dubai-based Yas Investments. This new partnership will culminate in a $100 million Venture Debt Fund in Abu Dhabi global markets, focused on financing Mena-based tech startups. 

As startups in Mena further explore Venture Debt Investment as a viable financing option, the Yas Liquidity Fund is the latest initiative in this direction. Set to be sector-agnostic, this new Venture Debt fund will offer minimal-dilutive growth financing options to Mena-based tech startups.

Founded in 2017, Liquidity Capital combines real-time data with proprietary machine learning technology to offer tailored financing solutions. The Yas Liquidity Fund marks their second newly launched fund of the year.

“The Middle East is a real hotbed for innovation right now, but venture finance has historically not been open to technology businesses in the region. This means startups always had to trade equity to fund growth, which is a very expensive form of capital,” said Ron Daniel, founder and CEO of Liquidity Capital. He continues, “We’re excited to be partnering with YAS Investments, together we can lead the charge to build a financial ecosystem for the region that will support tech innovation, attract highly skilled workers and help these promising companies expand globally – all while remaining compliant with Islamic finance laws.”

The UAE has been open to debt financing solutions, with startups like Dubai-based Sehteq closing in on Venture Debt Investments. To mark this launch, Yagub Yousef Alserkal, founder and CEO of YAS Investments commented.

“We are delighted to partner with Liquidity Capital – a firm which brings together their incredibly powerful advanced predictive technology and global track record of deploying globally about $450 million in high-profile startups such as E-Toro,” Sachhyam Regmi, Partner at YAS Investments, concluding: “This combined with our deep understanding of the region and track record will allow startups to access alternative forms of financing.”