WEB Antler SEA Fund II to Focus on Pre-Launch Pre-Seed and Seed Money Stages
Antler Announces Second Fund Closure
Strong Commitment to Southeast Asia
WEB Antler, a Singapore-based early-stage venture capital firm, has announced the successful closure of its second fund, WEB Antler SEA Fund II. The fund will focus on the pre-launch pre-seed and seed money stages, targeting to invest US$27 million (RM124 million).
This move reinforces Antler's commitment to supporting early-stage startups in Southeast Asia. The firm has established a strong presence in the region, with offices in over 30 cities worldwide.
"We are excited to continue investing in the most ambitious founders in Southeast Asia," said Antler Southeast Asia Co-Founder and Managing Partner, Hiroyuki Takeda. "Our focus on the pre-launch pre-seed and seed money stages will allow us to support startups from the earliest stages of their development."
WEB Antler SEA Fund II will focus on investing in a wide range of sectors, including technology, healthcare, and consumer goods. The firm will also prioritize startups with a strong social or environmental impact.
"We believe that Southeast Asia has the potential to be a global hub for innovation," said Antler Southeast Asia Co-Founder and Managing Partner, Henric Olsson. "We are committed to supporting the next generation of entrepreneurs who are building the future of the region."
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