Total amount raised
$78 Million
Latest funding date
2/1/2024
Location
Antler has successfully raised funds through four distinct funding rounds, with the latest being a venture round led by KWAP. The firm has also established ten funds, including the recent Antler SEA Fund II, showcasing its commitment to early-stage investments.
With a portfolio of over 1,700 organizations and notable exits like Fanfix and Alea Health, Antler continues to make significant strides in the venture capital landscape. Keep reading to explore the intricacies of Antler's fundraising journey and the investors backing this innovative platform.
What Is Antler?
Antler is a global early-stage venture capital firm based in Singapore, focusing on early-stage investments for startups. The company supports founders in building and scaling their startups by providing access to capital and a global network of investors and partners.
Founded by Magnus Grimeland, Antler operates in 30 locations worldwide, including Asia Pacific, Europe, Americas, and the Middle East and Africa. The firm has an employee count ranging between 251-500 and is involved in various industries such as finance, financial services, and venture capital.
How Much Funding Has Antler Raised?
- Amount Raised: USD 3,000,000
- Date: April 2018
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To kickstart the company's operations and support early-stage startups.
- Amount Raised: USD 50,000,000
- Date: January 2020
- Lead Investors: Eduardo Saverin
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand Antler's global presence and invest in more startups.
- Amount Raised: USD 25,000,000
- Date: February 2020
- Lead Investors: Concentric
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide a valuable network for startups and support their growth.
- Amount Raised: Not publicly disclosed
- Date: February 2024
- Lead Investors: KWAP
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To continue supporting early-stage startups and expand Antler's investment capabilities.
Total Amount Raised: USD 78,000,000
Current Valuation: Not publicly disclosed
Key Investors
- KWAP
- Details: KWAP is the Retirement Fund (Incorporated) of Malaysia, responsible for managing pension funds for public sector employees. It is a significant institutional investor in Malaysia.
- Investment Focus Areas: Public equities, fixed income, private equity, real estate.
- Notable Investments: Not publicly disclosed.
- Schroders
- Details: Schroders is a British multinational asset management company, providing investment management services to corporations, insurance companies, and individuals worldwide.
- Investment Focus Areas: Equities, fixed income, multi-asset, private assets.
- Notable Investments: Not publicly disclosed.
- Eduardo Saverin
- Details: Eduardo Saverin is a co-founder of Facebook and a prominent venture capitalist. He has invested in various technology startups through his investment firm, B Capital Group.
- Investment Focus Areas: Technology, healthcare, financial services.
- Notable Investments: Facebook, B Capital Group, 99.co.
- Canica International
- Details: Canica International is a private investment company based in Norway, focusing on long-term investments across various sectors.
- Investment Focus Areas: Consumer goods, technology, healthcare.
- Notable Investments: Not publicly disclosed.
- Credit Saison
- Details: Credit Saison is the third-largest credit card issuer in Japan, offering a range of financial services including credit cards, leasing, and real estate.
- Investment Focus Areas: Financial services, credit cards, leasing.
- Notable Investments: Not publicly disclosed.
What's Next for Antler?
Antler's future is brimming with opportunities as it continues to expand its global footprint. With recent investments from Schroders and FinTech Collective, the firm is well-positioned to support early-stage startups across multiple continents. The $75 million raised in the last six months underscores the significant potential for growth and innovation within Antler's portfolio.
Looking ahead, Antler is poised to attract further investments from both existing and new investors. The firm's ability to host demo days and showcase new ventures will likely draw additional funding, enhancing its capacity to support more startups. However, navigating the complexities of global expansion and maintaining the momentum of securing high-profile investments will be critical challenges.
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