
Mars Growth Capital
Description
Mars Growth Capital is a prominent provider of non-dilutive growth capital, established as a strategic joint venture between the global financial powerhouse MUFG (Mitsubishi UFJ Financial Group) and Liquidity Group, a leading technology-driven credit platform. Headquartered in Singapore, the firm extends its reach globally with additional offices in key financial hubs like New York, London, Tel Aviv, and Abu Dhabi. This unique partnership leverages MUFG's extensive financial network and Liquidity Group's proprietary AI-powered credit underwriting platform, known as "Raptor," to efficiently assess and fund high-growth companies. Their core mission is to fuel the journey of promising businesses without requiring them to dilute equity, offering an attractive alternative to traditional venture capital.
The firm specializes in providing flexible debt financing solutions to companies across various high-growth sectors. Their investment focus spans innovative industries such as Fintech, Software-as-a-Service (SaaS), E-commerce, Artificial Intelligence (AI), Cybersecurity, Healthtech, and Climate Tech. Mars Growth Capital targets companies primarily in the Asia-Pacific region, but also actively invests across Europe and the Middle East, demonstrating a broad geographic mandate. Their non-dilutive approach is particularly appealing to founders who wish to retain greater ownership and control over their companies while still securing significant capital for expansion, product development, or market penetration.
Since its inception in 2021, Mars Growth Capital has rapidly scaled its operations and impact. The joint venture initially set up a credit fund with an initial target size of $100 million, signaling their intent to become a significant player in the growth capital landscape. Demonstrating substantial deployment capabilities, the firm has already channeled over US$600 million in growth capital to more than 60 companies globally. Typical first cheque sizes from Mars Growth Capital range significantly, from a minimum of $5 million up to $100 million, reflecting their capacity to support a wide spectrum of growth-stage companies, from those seeking moderate capital injections to larger, more established enterprises requiring substantial funding for accelerated growth.
Investor Profile
Mars Growth Capital has backed more than 22 startups, with 6 new investments in the last 12 months alone. The firm has led 16 rounds, about 73% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Debt Financing, Series B, Series G rounds (top funding stages).
- Majority of deals are located in India, United States, United Kingdom.
- Strong thematic focus on Software, E-Commerce, B2B.
- Led 4 rounds in the past year.
- Typical check size: $5M – $100M.
Stage Focus
- Debt Financing (55%)
- Series B (14%)
- Series G (9%)
- Grant (5%)
- Series C (5%)
- Series D (5%)
- Series Unknown (5%)
- Secondary Market (5%)
Country Focus
- India (36%)
- United States (14%)
- United Kingdom (9%)
- Germany (9%)
- The Netherlands (9%)
- Singapore (9%)
- Australia (5%)
- Spain (5%)
- Saudi Arabia (5%)
Industry Focus
- Software
- E-commerce
- B2b
- Education
- Artificial Intelligence (Ai)
- Enterprise Software
- Logistics
- Supply Chain Management
- Fashion
- Marketplace
Frequently Asked Questions
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