Total amount raised
$78 Millions
Latest funding date
2/1/2024
Location
Antler has successfully raised significant funding through multiple rounds, establishing itself as a prominent player in the venture capital landscape. The firm focuses on early-stage investments, providing crucial support to startups from inception to growth.
Keep reading to delve into the details of Antler's funding journey and discover the investors who are backing this dynamic venture capital firm.
What Is Antler?
Antler, founded in 2018, is a global early-stage venture capital firm headquartered in Singapore. The firm focuses on investing in technology startups, providing pre-seed funding, expert advice, and access to a global network of investors and talent.
Antler was established by a diverse group of founders, including Magnus Grimeland, Fridtjof Berge, and Jussi Salovaara, among others. The firm supports entrepreneurs from the inception of their startups, helping them build and scale their businesses.
With a team of 251-500 employees, Antler operates across six continents, offering residency programs in various locations worldwide. This extensive reach allows them to support a wide range of startups in different sectors and regions.
How Much Funding Has Antler Raised?
- Seed Round
- Amount Raised: $3M
- Date: April 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the firm's operations and support its initial batch of startups.
- Venture Round
- Amount Raised: $50M
- Date: January 2020
- Lead Investors: Eduardo Saverin
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand Antler's global footprint and enhance its support for startups.
- Venture Round
- Amount Raised: $25M
- Date: February 2020
- Lead Investors: Concentric
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To further scale operations and invest in more early-stage startups.
- Venture Round
- Amount Raised: Not publicly disclosed
- Date: February 2024
- Lead Investors: KWAP
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue supporting the growth and development of its portfolio companies.
Total Amount Raised: $78M
Current Valuation: Not publicly disclosed
Key Investors
- KWAP
- Details: KWAP, or Kumpulan Wang Persaraan, is Malaysia's largest public services pension fund. It manages retirement savings for public sector employees in Malaysia.
- Investment Focus Areas: Real estate, infrastructure, private equity.
- Notable Investments: Not publicly disclosed.
- Concentric
- Details: Concentric is a venture capital firm based in London, focusing on early-stage technology investments. The firm aims to support innovative startups with high growth potential.
- Investment Focus Areas: Fintech, healthtech, enterprise software.
- Notable Investments: Not publicly disclosed.
- Eduardo Saverin
- Details: Eduardo Saverin is a co-founder of Facebook and a prominent angel investor. He has invested in numerous technology startups globally.
- Investment Focus Areas: Technology, fintech, consumer internet.
- Notable Investments: Facebook, Jumio, 99.co.
- Schroders
- Details: Schroders is a British multinational asset management company. It provides investment management services to institutions and individuals worldwide.
- Investment Focus Areas: Equities, fixed income, multi-asset, alternatives.
- Notable Investments: Not publicly disclosed.
- Johan Andresen’s Ferd
- Details: Ferd is a Norwegian investment company owned by Johan H. Andresen. It engages in private equity, real estate, and financial investments.
- Investment Focus Areas: Private equity, real estate, financial investments.
- Notable Investments: Not publicly disclosed.
What's Next for Antler?
Antler's recent $75 million investment from Schroders and Ferd opens up vast opportunities for the firm to expand its global footprint and support more startups. With a presence in major cities like New York, London, and Singapore, Antler is well-positioned to tap into emerging markets and foster innovation across various sectors.
Future fundraising looks promising, given the backing from high-profile investors like Eduardo Saverin and the potential for further investments from firms such as Sequoia. However, navigating global expansion and maintaining a high level of innovation will be challenging. Antler must also compete with other venture capital firms to secure top-tier investments.
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