Title: Lipschitz regularized gradient flows and latent generative particles. Abstract: Lipschitz regularized $f$-divergences are constructed by imposing a bound on the Lipschitz constant of the discriminator in the variational representation. These divergences interpolate between the Wasserstein metric and $f$-divergences and provide a flexible family of loss functions for non-absolutely continuous (e.g. empirical) distributions, possibly with heavy tails. We first construct Lipschitz regularized gradient flows on the space of probability measures based on these divergences. Examples of such gradient flows are Lipschitz regularized Fokker-Planck and porous medium partial differential equations (PDEs) for the Kullback-Leibler and $\alpha$-divergences, respectively. The regularization corresponds to imposing a Courant–Friedrichs–Lewy numerical stability condition on the PDEs. For empirical measures, the Lipschitz regularization on gradient flows induces a numerically stable transporter/discriminator particle algorithm, where the generative particles are transported along the gradient of the discriminator. The gradient structure leads to a regularized Fisher information which is the total kinetic energy of the particles and can be used to track the convergence of the algorithm. The Lipschitz regularized discriminator can be implemented via neural network spectral normalization and the particle algorithm generates approximate samples from possibly high-dimensional distributions known only from data. Notably, our particle algorithm can generate synthetic data even in small sample size regimes. A new data processing inequality for the regularized divergence allows us to combine our particle algorithm with representation learning, e.g. autoencoder architectures. The resulting particle algorithm in latent space yields markedly improved generative properties in terms of efficiency and quality of the synthetic samples. From a statistical mechanics perspective the encoding can be interpreted dynamically as learning a better mobility for the generative particles. 