VC

Antler announces close of $72M Fund II for Southeast Asia

August 16, 2024

$72M for Southeast Asia! Antler has just closed a $72M Fund II, and it’s 3x larger than their last Southeast Asia fund.

With this, they’ll keep investing from Day Zero to early-stage continue to invest in pre-launch, pre-seed, and seed companies, focusing on Singapore, Indonesia, Vietnam, and Malaysia.

  • They’ll invest in 45 companies in the next six to nine months, including supporting startups formed during their residency programs.
  • Over 50% of the Fund is composed of institutional investors, like a sovereign wealth fund, pension fund, and university endowment.

Shoutout to these portcos! The Fund has already invested in companies like Farmio, Zora Health, and Clout Kitchen.

📈 Keep on growing

Go as you grow. Through their emerging growth fund, Antler Elevate, Antler will also invest up to $10M in scale-up capital in growth-stage startups from Series A and beyond.

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