Founder & Chief Executive Officer, Antler Australia
| Role | Organisation | Sources |
|---|---|---|
| Founder & Chief Executive Officer | Antler Australia | Startup Daily (Tue 14 Apr 2020), Startup Daily (Fri 7 Feb 2020), TechCrunch Australia, Techboard, Startup Daily (Tue 13 Aug 2019), Antler Australia team page |
Stories naming Magnus Grimeland. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Profile of Antler's Nairobi operation, which runs twice-yearly programs turning seasoned professionals into founding teams and backs selected startups pre-seed for a 20% stake; six portfolio companies are described.
Antler is inviting teams worldwide to apply for backing of Covid-19 solutions across health and digital areas, with applications closing mid-April 2020.
Tech roundup: Casper's NYSE debut valued it far below its private mark, Antler raised US$75 million, Uber reported a large quarterly loss, Samsung leaked Galaxy S20 details, and Australia's consumer data rules arrived.
Global startup generator and early-stage VC Antler has added $50 million to its multi-city funds, with new backers including Eduardo Saverin; the piece also recalls follow-on funding for three portfolio companies.
Antler's inaugural Sydney program produced 12 startups, each receiving $100,000 in pre-seed funding for 10% equity after an investment committee review, with a second Sydney program planned for January 2020.
Antler Australia's first Sydney accelerator cohort has produced investments of $100,000 for 10% equity in each of 12 startups, formed largely by founders who met during the program, with a Demo Day planned for November.