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Antler

Unclaimed
SingaporeEst. 2017$1B+ AUMUpdated Is this your firm? Suggest a correction

At a Glance

Check Size
$125K – $125K
Stage
Pre-Seed, Seed
AUM
$1B+
Sectors
AI, Consumer, Fintech
Founded
2017
HQ
Singapore

About Antler

Antler is a global early-stage venture capital firm headquartered in Singapore, founded in 2017 by Magnus Grimeland and Fridtjof Berge. It describes itself as the world's most active early-stage investor, backing exceptional founders from inception, and it invests at pre-seed and seed across AI, consumer and fintech, with notable portfolio companies including Papirfly, Keka, BeautyMnl and Tezro.

What separates Antler from conventional seed funds is that it invests before a company exists. Its Residency program gathers vetted entrepreneurs into an office for roughly eight to ten weeks, helps them find co-founders, test business models and reach a fundable thesis, then invests at day zero into the teams that emerge. The program now runs in more than 30 cities across Asia-Pacific, Europe, North America, Africa and Latin America, with San Francisco and Lagos added most recently, and the model generates deal volume that no single-office fund can match: more than 1,800 investments since 2017, and the top slot in PitchBook's global most-active venture investor ranking for 2024 with 443 deals.

The firm has since extended up the stack. Antler Elevate, a $285 million emerging-growth fund closed in 2023, follows the best companies into Series A and beyond from offices in London, Singapore and New York, so winners no longer graduate away from the platform. A further $510 million announced in January 2026 pushes total capital past $1 billion, with about half aimed at the United States. Two portfolio companies, travel eSIM provider Airalo and software platform Lovable, have reached unicorn valuations, and backers include Eduardo Saverin, Schroders, Credit Saison and the International Finance Corporation.

Investment Thesis

“Global early-stage venture capital firm that invests at day zero through residency programs for pre-idea entrepreneurs.”

Sector Focus

Investment Stage

Pre-SeedSeed
Series A
Series B+

Notable Portfolio Companies

View full portfolio →
PapirflyPapirfly
KKeka
BBeautyMnl
TTezro

Fund History

Antler has assembled its capital base as a network of regional vehicles rather than a single flagship, matching a model that runs residencies in more than 30 cities. In 2023 the firm closed Antler Elevate, a $285 million emerging-growth fund that invests at Series A and beyond into the strongest companies from its own day-zero cohorts, managed out of London, Singapore and New York. In January 2026 Antler announced a further $510 million raised across new global funds over the preceding 12 months, with roughly half earmarked for US companies and a new San Francisco residency.

Those closes take total capital above $1 billion, against the roughly $1 billion in assets under management reported in 2024. Disclosed backers include Facebook co-founder Eduardo Saverin, Norwegian investor Christen Sveaas, asset manager Schroders, Japan's Credit Saison and the International Finance Corporation. The capital has funded more than 1,800 investments since 2017; PitchBook ranked Antler the most active venture capital investor globally in 2024 with 443 deals, and the portfolio has produced two unicorns, Airalo and Lovable.

SEC Fund Filings

Vehicles filed, last 24 months
3
Latest filing

Antler filed a Form D for 3 fund vehicles between Sep 26, 2024 and Sep 25, 2026.

Fund vehicleSource
Antler Special Opportunities Fund III LPSEC Form D, filed
Antler Special Opportunities Fund I LPSEC Form D, filed
Antler Special Opportunities Fund II LPSEC Form D, filed

A Form D is the notice a fund files with the SEC when it raises money in a private offering. Feeder funds, parallel funds and SPVs each file their own, so the count measures filing activity, not the number of flagship funds.

Source: SEC EDGAR Form D filings for pooled investment funds, original filings only (amendments excluded). Our filing data starts Jul 1, 2024. Vehicles are matched to Antler by fund name and checked against the sponsor address and named principals on each filing; offering amounts are not shown. Each “SEC Form D” link opens an EDGAR full-text search for that vehicle’s exact name, where the filing itself is listed. See every new fund filing on the Form D Radar.

Team (28)

Related Articles (1)

Frequently Asked Questions

What stage does Antler invest at?

Antler primarily invests at the Pre-Seed, Seed stages. This means they focus on companies that are at the earliest idea or prototype phase.

Where is Antler located?

Antler is headquartered in Singapore. Many of their portfolio companies are also based in this region, though they invest across geographies.

What sectors does Antler focus on?

Antler focuses on investments in AI, Consumer, Fintech. Their portfolio reflects deep expertise and networks within these sectors.

What is Antler's typical check size?

Antler's typical investment check size ranges from $125K to $125K. Actual amounts may vary based on the stage, sector, and specific opportunity.

How much does Antler have under management?

Antler manages approximately $1B+ in assets under management (AUM) across their funds.

Fund Operations Resources

Running a fund like Antler? Independent guides to the software and processes emerging managers use to operate.

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