Earlier this year, Antler, a startup generator & early-stage VC firm entered new markets including Amsterdam, London and Sydney, in an attempt to build and fund tech companies from scratch. For the uninitiated, Antler builds companies from the ground by identifying ambitious professionals and assisting them in launching businesses.
The company selects the most passionate aspiring entrepreneurs, helps them find the right co-founder and connects them to a network of fitting business and academic domain experts worldwide.
Received 13,000 applications!
Founded by Fridtjof Berge, Jussi Salovaara, Magnus Grimeland, and Vegard Medbo, Antler announced that it has invested €5M into launching 44 global startups operating out of Europe and Asia. Out of 13,000 applications received, the company has selected over 450 exceptional individuals into its program to become startup founders since it launched in 2018.
Since the launch of its first program in Singapore in 2018, Antler has expanded to eight locations so far– Stockholm, New York, London, Amsterdam, Oslo, Sydney and East Africa (Nairobi and Addis Ababa). Two programs take place annually in each city, where after the first phase of the program successful startups receive €100,000 to €150,000 of investment (depending on the region) in funding from Antler for a minority equity stake.