Antler closes US$72m SEA Fund II on SEA startups from day zero to growth stage

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Invest in tech-enabled companies, focusing on Singapore, Indonesia, Vietnam, Malaysia

US$$3mil is earmarked to be invested in Malaysian startups over the next few months Antler, the global early-stage venture capital firm with offices in more than 30 cities around the world including Kuala Lumpur, announced the US$72 million (RM318.3 million) close of its second Southeast Asia fund, Antler SEA Fund II.

Antler will also continue to invest up to RM44.21 million of scale-up capital in growth-stage startups from Series A onwards through its emerging growth fund, Antler Elevate.The RM1.26 billion fund invests globally in breakout companies, including within Antler’s early-stage funds.

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Article Details

Author / Journalist: karamjit2

Category: EconomyStartupsBusiness

Markets: MalaysiaIndonesiaSingaporeVietnam

Topics: Global Companies Including Early-stage Southeast Startups Capital Fund Antler Malaysia Million

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-14 @ 12:21:41 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: digitalnewsasia.com

Language: English

Article Length: 554 words

Reading Time: 4 minutes read

Sentences: 19 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © Digital News Asia

News ID: 22077793

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