Antler launches second Nordic €150 million fund to double down on early-stage in the region
Summary
Antler, one of the most active early-stage VC firms in Europe, has launched its second Nordic fund, with a target size of €150 million. Antler has offices in Stockholm, Oslo and Copenhagen and the Second Nordic Fund will start making investments into tech startups across Sweden, Norway and Denmark immediately. We now have a track record of backing diverse founders leading fast-growth tech startups and we are uniquely positioned to accelerate the growth of entrepreneurs pioneering technologies in the sectors set to define the next decade.” The Fund is designed to back a new generation of diverse tech founders and has the capacity to support portfolio companies from pre-seed through to Series A. Antler’s global fund, Elevate, has the scope to continue supporting portfolio companies to Series C. Antler has been backing startups in Nordics for the last five years. The Antler Nordic Fund II will continue accelerating the growth of climate tech startups in the region. Antler has shown the ability to execute on their goals and through the talent they attract, and we look forward to collaborating further with the great team at Antler.” Jan Nylund, Head of Private Equity at Formue, added: “Formue has an extensive track record for investments within Venture Capital and Private Equity in the Nordics, Europe and US, and we have been looking for an opportunity to invest in a diverse group of curated Founders and fast growing early stage tech companies.