Antler, a Singapore-based global VC firm envisaging bringing positive change globally by financially supporting and investing in the most talented people globally, has declared its launch in Seoul on 11 August 2021, led by Jiho Kang, Co-Founder of Soomgo.
About the Launch
The firm plans to take advantage of the opportunities available in South Korea and assist entrepreneurs in raising funds and developing their startups. The maiden South Korea cohort will begin in Seoul with the advent of 2022. The South Korean office would focus on investing in nearly 100 startups in the coming four years. It would be working for a period of six-months and concentrate on recruiting the right personnel in the first place. During this timeline, the Antler team aims to procure the essential resources and professionals spread globally to allow founders to ratify their business plans, show product-market suitability and create powerful groups.
About Antler
Brought to existence by Dilan Mizrakli Landgraff, Fridtjof Berge, Jussi Salovaara, Magnus Grimeland, and Vegard Medbo in 2017, Antler is a Singapore-based early-stage venture capital company intending to support the defining new-generation technology corporations financially. The firm allows highly talented personnel in forming compatible co-founder teams, bolstering the teams with effective business paradigms validation and offering a global marketplace to scale operations. The firm’s offices are present across prime entrepreneurial markets, such as London, Berlin, Stockholm, New York, Singapore and Sydney. Antler has funded more than 300 corporations globally across 30 varied domains to date. 40% of these corporations possess a minimum of one female co-founder, and the founders delineate 70 nations.
What the Founder has to say: “The South Korean technological ecosystem is vast and has immense potential to grow in future. The greater Seoul metropolitan area resides almost half the country’s populace, which aids South Korean enterprises to increase their market share in a short period. It is exhilarating to work in tandem with the firm’s South Korean portfolio corporations to assist them in securing additional capital, expanding to other markets, and reaching new limits.”- Magnus Grimeland, Founder and CEO of Antler.
What the South Korea Head of Antler has to say: “The pandemic has put forward many opportunities for SaaS, remote work, remote health, delivery related industries in South Korea. We have also been observing a state of turmoil in conventional sectors such as legal services, finance, energy in South Korea. With Antler, I wish to ensure that the work of exceptional entrepreneurs is not overlooked and that such individuals receive an opportunity to launch innovative businesses.”- Jiho Kang, Partner of Antler South Korea.
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