Singapore-based global early-stage VC firm Antler announced investing an additional US$2 million in 15 startups across Singapore and Indonesia.
Over 150 founders from various industries and domains participated in a 10-week residency programme, during which the recently backed startups were formed and funded. Founders of these startups developed and validated their business ideas with the support and expertise of Antler to secure pre-seed funding of US$125,000 for each.
Also Read: Antler partners with Khazanah, to invest in 30+ Malaysian startups over next three years
Among the startups included in this round are:
Bootloader Studios: Founded by the founding CEO of VNG, Bootloader is an AI-driven and mixed reality experience that forges real emotional connections between people to improve individual emotional well-being.
Optacloud: A machine learning-powered cloud optimisation to reduce cloud bills and minimise latency with zero engineering effort.
Trivium: A financial platform for companies to embed investment products easily.
Siftee: A data and research marketplace to search, validate, and download specific
insights down to the metadata level.
Katalis: An end-to-end AI marketing toolbox for e-commerce.
Alter: A social networking and collaboration platform designed for gamers.
Club Kyta: An integrated omnichannel distribution solution for D2C lifestyle brands that
focuses on Tier-2 and Tier-3 cities in Indonesia.
Hazana: An integrated halal financing solution for platforms, marketplaces, and ecosystems.
Plans: A digital fertility assistance platform for family planning
Sqouts: A conversational AI-based talent acquisition platform.
Launched in 2018, Antler aims to back founders from day zero by providing unique access to co-founder matching, business validation, and pre-seed capital. Antler is also a long-term capital partner providing expansion support and scale-up funding to breakout companies from Series A onwards.
Also Read: Antler Elevate closes US$285M emerging growth fund
Antler has expanded its global network to 30 cities, including Singapore, Jakarta, Ho Chi Minh, Kuala Lumpur, New York, London, Berlin, Stockholm, Bangalore, Seoul, Tokyo, and Sydney.
The VC firm has invested in over 900 startups and intends to back over 6,000 by 2030.
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