Say hi to Antler’s Elevate! It’s Antler’s growth fund that is specifically for investing in later-stage startups. And they just raised 285M for it!

• Antler’s Elevate has invested more than $70M in over 30 companies, which include Airalo, Pickup Coffee, and Volopay.

Investor check. They disclosed that M&G Catalyst, Vaekstfonden, Korea Venture Investment Corp, Schroders, and some US and European institutions funded the round. 

• Other investors will be named once investment records go public. 

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🎲 The usual game plan

Antler uses a unique ‘day zero’ approach to fund and mentor pre-seed to seed-stage startups. 

• They’ll be your first investors—even if your startup is just an idea for now. 
• Around 25,000 founders applied last quarter!

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🦚 How they Elevated it

Antler’s Elevate program enables them to form long-term partners with their startups–so they can support founders from day zero to exit. 

• They’ll invest in Series A rounds and later. 
• Antler will be supporting founders with talent, mentorship, and capital. 
• Elevate won’t lead rounds though and will just join in on them. 

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🧑‍💼 Who’s heading up Elevate?

Antler has the expertise and facilities to invest in late-stage startups. They already have offices in over 20 cities and a talented management team. 

• Martell Hardenberg, co-founder of Lazada in London.
• Teddy Humler, ex-VP at SoftBank in the US. 
• Fady Abdel-Bour, ex-global head of M&A and investment at Prosus Fintech in Singapore.

🧐 What the future holds? 

Antler says the funds will be split evenly for funding startups in the Americas, EMEA, and APAC.