Global VC firm Antler closes £21.4m UK fund
by Startacus Admin
Antler announces details of new fund which it plans to use to invest in at least 70 new UK technology companies as they grow.
2022 is set to be another great year for global venture capital firm Antler, having just closed its new UK fund at £21.4m, which will allow Antler’s UK team to build a portfolio of around 70 companies in the UK.
Since its launch in London in 2019, Antler has amassed 35 UK portfolio companies, 16 of which joined the portfolio in 2021. The UK portfolio includes nail care innovator Glaize; sexual wellness application Blueheart; AI powered healthcare marketplace Vamstar; the virtual team venue Unlock; and mortgage tech platform Mast.
Speaking on today’s news, Ollie Purdue, Partner of Antler London says: “With the UK fund now closed, we’re really excited to be in a stronger position to support even more young businesses. We are now aiming to double our capacity in the UK, helping more founders start their next business than ever before. We also have more exciting announcements coming soon – so watch this space.”
Veronika Patkai, Associate Partner at Antler London added: “As we witness a real generational wealth divide, we are convinced that startups will play a key role in closing it. As such, we are investing a lot of effort and resources to close it. First, by backing exceptional individuals, regardless of their background, origin, and gender. Second, by supporting our portfolio hire faster and more efficiently, giving them access to the wider Antler network. Third, by making investing in our funds more accessible to underrepresented groups, entrepreneurs, and women.”
Exciting times ahead - we look forward to seeing which innovative companies will be joining the Antler portfolio.
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Published on: 8th December 2021
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