Antler has secured USD 285 million for its Antler Elevate fund, which will support growth-stage firms.
Antler Elevate will join in Series A and subsequent fundraising rounds to provide scale-up finance for startups with a good product-market fit and compounding growth. Antler's early-stage funds, which cover 20+ ecosystems, funded some of these firms, according to a blog post by the VC fund.
According to the fund's, it has already invested more than USD 70 million in over 30 companies. Antler, founded in 2017, is a worldwide early-stage venture financing business with a presence in 17 countries.
It has seeded and invested in over 750 businesses across a variety of industries and technologies, with an aim of supporting over 6,000 companies by 2030.
The India arm of the global early-stage venture financing firm selected 19 student entrepreneurs for its inaugural Antler India Fellowship cohort in January 2022.