Global venture capital firm Antler has committed to investing $100 million by 2025 to at least 300 startups in Southeast Asia, according to an announcement.
The plan is to enable founders to launch and grow early-stage startups in the Southeast Asian region over the next four years. With over 127 Southeast Asian portfolio companies invested in to date, Antler is already one of the region’s most active investors.
Per the announcement, Antler will continue to focus on high-growth industries and invest in founders in multiple geographies who are launching the defining companies of tomorrow. Antler’s 127 investments in Southeast Asia to date are enabling and supporting 785 founders from 75 different nationalities.
Many of Antler’s portfolio companies have become among the leading players in their industries, for example XanPool – the open financial C2C software, Reebelo – APAC’s fastest-growing marketplace for affordable and sustainable tech devices, the super App platform Appboxo, the blue-collar workforce platform Sampingan with 1 million agents across Indonesia, Airalo – the global eSIM marketplace for travelers to access eSIMs that scaled to 190+ markets and regions in less than 18 months and Homebase – the proptech startup that helps people buy homes in Vietnam.
Antler is one of the world’s most active early-stage investors, supporting hundreds of technology startups and thousands of entrepreneurs across six continents or leading entrepreneurial hubs such as New York, London, Stockholm, Berlin, Bangalore, Singapore, Seoul, and Sydney.
Since its launch in Singapore in 2018, Antler has rapidly expanded its global network of offices. Offering founders access to deep global expertise across industries and technologies and providing active investment and in-market support to start-ups from inception and up to Series C.
The firm has recently established operations in the key Southeast Asian markets of Vietnam and Indonesia which, together with new offices in South Korea and Japan, enable Antler to provide on-the-ground support to fast-growing startups across many of Asia’s leading startups and technology ecosystems.
“Southeast Asia is a breeding ground for innovative startups, and we want to give exceptional founders the investment, support, and expertise they need to realize their visions from the earliest stages. It is our ambition to help unlock and accelerate technological innovation in the region, and we are excited about the positive impact the founders we enable and invest in will create over the coming decade,” said Jussi Salovaara, co-founder and managing partner Asia at Antler.
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