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Liquiglide Closes Intellectual Property-Based Financing Deal In Collaboration With Aon And Atlas Credit Partners

Apr 21, 2022•about 3 years ago
Cambridge

Description

LiquiGlide®, the inventors of a breakthrough technology that is revolutionizing products, packaging, processes, and patient experiences by eliminating the friction between solids and liquids, Aon plc (NYSE: AON), a leading global professional services firm, and Atlas Credit Partners, an asset management firm focused on value-oriented credit investments, today announced the completion of an intellectual-property based financing deal that provides LiquiGlide with $35 million to expand its commercial activities and continue to develop its platform for new applications.

Company Information

Company

Liqui Glide

Location

Cambridge, Maryland, United States

About

LiquiGlide's revolutionary technology eliminates the friction between liquids and solids to allow liquids to flow with ease. Invented at MIT by Dave Smith and Professor Kripa Varanasi, LiquiGlide's technology eliminates a fundamental design constraint and enables real, powerful breakthroughs across industries, transforming the way we manufacture, package, and consume viscous products. LiquiGlide also improves quality of life and patient care by enabling medical devices that can reduce the risk of occlusion and infection as well as improve the delivery of highly viscous drugs and biologics. To learn more about LiquiGlide, please visit https://liquiglide.com/.