Antler Launches $72 Million Fund Targeting Southeast Asia Start-Ups

Monday, 12 August 2024, 22:00

Global venture capital firm Antler has successfully closed its second fund focusing on Southeast Asia, raising US$72 million (RM324 million). The fund marks a significant step in their commitment to support and invest in emerging start-ups in this rapidly growing region. This initiative aims to bolster innovation and economic growth by providing crucial capital to start-ups, reinforcing Antler's strategic positioning in Southeast Asia's vibrant start-up ecosystem.
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Antler Launches $72 Million Fund Targeting Southeast Asia Start-Ups

Antler's New Fund

Global venture capital firm Antler announced on Tuesday that it closed its second Southeast Asia fund at US$72 million (RM324 million).

Focus on Southeast Asia Start-Ups

The fund will primarily target start-ups in Southeast Asia, aiming to enhance support for innovation in this fast-growing market.

Conclusion

This significant investment demonstrates Antler's commitment to fostering economic development and entrepreneurial growth within the region.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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