Antler, an early-stage investor, has closed its US$13.5 million East Africa investment fund, which will continue to support early-stage tech startups in the region.
Antler is the world’s most active early-stage investor, having backed hundreds of technology startups and tens of thousands of entrepreneurs on six continents. To date, the firm has invested in over 400 businesses across 30 industries.
Antler East Africa launched its first venture building cohort in August 2019, and the company has already completed five full cohorts, totaling 153 founders, and made 14 investments. Antler is launching a new community-driven platform strategy this month, in which it will welcome entrepreneurs and teams on a rotating basis.
Antler, an early-stage investor, has closed its US$13.5 million East Africa investment fund, which will continue to support early-stage tech startups in the region.
Antler is the world’s most active early-stage investor, having backed hundreds of technology startups and tens of thousands of entrepreneurs on six continents. To date, the firm has invested in over 400 businesses across 30 industries.
Antler East Africa launched its first venture building cohort in August 2019, and the company has already completed five full cohorts, totaling 153 founders, and made 14 investments. Antler is launching a new community-driven platform strategy this month, in which it will welcome entrepreneurs and teams on a rotating basis.
“We are excited about Antler’s presence in East Africa and over time in other parts of Africa. With fast growing economies and a rapidly developing startup ecosystem, we believe this is the perfect time to launch and build tech startups on the continent,” said Magnus Grimeland, Antler founder and CEO.
