Singapore-based Antler looks to back startups in Sweden, Norway, Denmark

Anlter, the Singapore-based global early-stage venture capital firm enabling and investing in exceptional entrepreneurs, has closed $ 36 million in its first Nordic fund and the company is now looking to invest in innovative startups in Sweden, Norway, and Denmark, Silicon Canals reports.

The Nordic fund is joined in by several investors including Draper Esprit, Kistefos, the Danish state fund Vækstfonden, and the Norwegian state fund Investinor.

Antler was founded in Singapore in 2017 and the company entered Denmark just a few months ago to attract and support sustainable tech companies. To date, venture capital firms such as FJ Labs, Inventure, Luminar Ventures, London Venture Partners, J12, and Propel Capital, along with several angel investors, have invested together with Antler in their portfolio companies in the Nordics.

Anders Hammarbäck, Partner at Antler Nordics, says, “We’re thrilled and proud to have so many renowned investors join forces with us. Now, we are looking to collaborate with individuals, entrepreneurs, politicians, and corporations that want to make the Nordics one of the best regions in the world to build new companies in, and support founders from an early stage to work with us.”

About Mette Larsen

ScandAsia Journalist • Scandinavian Publishing Co., Ltd. • Thailand

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