Aon, asset management firm Atlas Credit Partners and manufacturing technology firm LiquiGlide recently completed an intellectual property (IP)-based financing deal that provides LiquiGlide with $35 million to expand its commercial activities and continue to develop its platform for new applications.
LiquiGlide’s first-of-its-kind technology removes friction between solids and liquids allowing thick, slow-moving liquids to flow with ease. LiquiGlide enables advancements in packaging, manufacturing and medical devices while offering solutions that meet safety and regulatory standards.
“Intellectual property continues to be one of the most valuable assets for driving growth, yet it remains elusive in the capital markets,” said Lewis Lee, CEO of Aon’s Intellectual Property Solutions. “Being able to better value and define intellectual property as an asset class creates new capital solutions for companies such as LiquiGlide and underscores the importance of IP for companies at all stages.”