21.2 C
Tuesday, July 9, 2024

Antler Bolsters Startup Ecosystem with $2 Million Investment in 15 Ventures Across Singapore and Indonesia


Antler, the renowned early-stage venture capital firm headquartered in Singapore, has infused an additional $2 million into 15 burgeoning startups across the dynamic landscapes of Singapore and Indonesia. This strategic move reaffirms Antler’s commitment to nurturing innovation and supporting promising entrepreneurs from their inception.

In a statement released on Thursday, Antler, recognized as a global investor, disclosed that it has successfully invested in over 900 startups, solidifying its position as the most active investor both globally and within the Southeast Asian region. Since its inception in 2018, Antler has rapidly expanded its global network, establishing a presence in 30 cities worldwide, including key hubs such as Jakarta, Ho Chi Minh, and the most recent addition, Kuala Lumpur.

Antler’s mission, as outlined in the statement, is to champion founders from day zero, providing them with unparalleled access to co-founder matching, business validation, and crucial pre-seed capital. Notably, Antler’s role extends beyond being an early backer, as it positions itself as a long-term capital partner offering ongoing support for expansion and scale-up funding, starting from Series A and beyond.

The recent injection of funds has been instrumental in the formation and funding of startups emerging from a ten-week residency program. Over 150 founders, representing diverse industries and domains, participated in this program, leveraging Antler’s support and expertise to secure pre-seed funding of $125,000 for each company.

Among the standout startups included in this latest round of investments are:

  1. Bootloader Studios: Founded by the founding CEO of VNG, Bootloader is an AI-driven and mixed reality experience that fosters real emotional connections between people to improve individual emotional well-being.
  2. Optacloud: Utilizing machine learning, Optacloud offers cloud optimization to reduce costs and minimize latency with zero engineering effort.
  3. Trivium: A financial platform enabling companies to seamlessly embed investment products.
  4. Siftee: A data and research marketplace facilitating the search, validation, and download of specific insights down to the metadata level.
  5. Katalis: An end-to-end AI marketing toolbox tailored for e-commerce.
  6. Alter: A social networking and collaboration platform designed specifically for gamers.
  7. Club Kyta: An integrated omni-channel distribution solution catering to D2C lifestyle brands, with a focus on Tier-2 and Tier-3 cities in Indonesia.
  8. Hazana: An integrated halal financing solution designed for platforms, marketplaces, and ecosystems.
  9. Plans: A digital fertility assistance platform dedicated to family planning.
  10. Sqouts: A conversational AI-based talent acquisition platform.

Antler’s influence extends far beyond Singapore and Indonesia, with offices established in 30 cities worldwide, including strategic locations such as New York, London, Berlin, Stockholm, Bangalore, Seoul, Tokyo, Sydney, and more. As Antler continues to play a pivotal role in shaping the global startup landscape, its commitment to innovation and entrepreneur support remains unwavering.


Related Articles

Stay Connected

- Advertisement -spot_img

Latest Articles