Antler, a Singapore-based venture capital firm that provides funding from day one to support founders building businesses they will own and run, and that can positively impact local, national and global economies, announced its collaboration with global investment firm B Capital Group, founded by Eduardo Saverin and Raj Ganguly.
“The agreement allows our companies to join forces across multiple functions, leveraging the six continents and major technology ecosystems our global funds operate in,” the company said in its press release.
Adding to it, the company said that the partnership has been forged as a response to the challenges COVID-19 has posed for startups and entrepreneurs and the tremor that it has sent through the global economy. Now more than ever, entrepreneurs, engineers, and teams need networks and support. B Capital and Antler are pleased to open its networks and share resources, in order to strengthen the wider start-up community.
B Capital is a well renowned global venture growth fund with an incredible reputation and specialization in areas such as enterprise application software, infrastructure, security and AI/ML, fintech, insurtech, healthcare tech and bio IT.
Magnus Grimeland, CEO and Co-Founder of Antler, said, “Antler’s current model taps into exceptional talent across the globe, enabling us to build and invest in more than 250 companies per year. In addition to creating our own deal-flow, we secure unparalleled access to early-stage start-ups, often referred by successful former founders and venture capitalists. We need more smart people to start companies that focus on solving the world’s biggest problems. Antler is giving phenomenal individuals the chance to make this happen, at an impressive scale.”
Eduardo Saverin, Co-Founder of B Capital Group, said, “Antler, with its unparalleled deal flow of early-stage companies, is a great partner for B Capital. Given our global investment strategy, the sharing of talent between portfolio companies, business development resources and investment data made it a natural partnership.”
Raj Ganguly, Co-Founder of B Capital Group, said, “As part of the partnership, we will jointly launch a number of events aimed at supporting entrepreneurs. The events will focus on enterprise application software, across multiple industries, with leading companies in the space around the world.”
Antler selects the most passionate aspiring entrepreneurs, helps them find the right co-founder and connects them to a network of fitting business and academic domain experts worldwide.
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