Antler is a “firm builder” that emerged a few years previously, working startup generator programs and investing from an early stage, bringing a heady combine of technologists, product builders and operators along with its receive technology stack.
Now, so a lot of “firm builders” relish come and gone. It’s rather like Apocalypse Now: each person goes in pondering they’ll provide you with the foremost components to spit out startups at a prodigious rate and they arrive out screaming “The Panic! The Panic!”
However Antler looks to were on an though-provoking lumber. It has to this level made more than 120 investments across a mountainous option of firms, with a number of occurring to enhance later-stage funding from the likes of Sequoia, Golden Gate Ventures, East Ventures, Venturra Capital and the Hustle Fund.
Since its originate in Singapore two years previously, Antler now has a presence across New York, London, Singapore, Sydney, Amsterdam, Stockholm, Nairobi and Oslo.
Currently, it’s asserting that it has attracted investment from British investment management firm Schroders, investment condo FinTech Collective and Ferd, the vehicle dilapidated by Johan H. Andresen, the Norwegian industrialist and investor.
This most novel investment takes the capital raised by Antler over the final six months to more than $75 million.
These traders be a part of an modern neighborhood that involves Fb co-founder Eduardo Saverin, Canica World and Credit Saison, the third-absolute top credit ranking card issuer in Japan. The notion right here is that these traders bag exposure to early-stage firms as they are constructed.
As with most firm builders and accelerators, Antler absolute top takes 1-1.5% of the applicants
Its portfolio involves Sampingan, an on-ask group in Indonesia; Xailient, a pc vision technology; Airalo, a international e-sims marketplace; and FusedBone, which permits medical centers to create bespoke, non-steel implants on-position.
Magnus Grimeland, Antler co-founder and CEO talked about: “With our fortify, our founders birth refining their ideas and constructing new and innovative firms. What is equally essential is the deep relationship our founders create with their peers, our advisors and backers. Having performed traders like Schroders, Ferd and FinTech Collective on board formulation we are in a position to provide a more purposeful community for our startups as they grow their firms.”
Peter Harrison, Crew CEO of Schroders, who will also be joining Antler’s advisory board, talked about: “We are in a interval of unparalleled alternate. The visibility on venture capital assignment and innovation that Antler offers is therefore main-edge.”
Antler says more than 40% of its portfolio firms relish a female co-founder and 78% of these relish a female CEO.
