Antler’s $285M emerging growth fund backs tomorrow’s industry leaders

Learn about Antler Elevate, a $285 million emerging growth fund that backs the next generation of game-changing founders across 20+ technology ecosystems.


June 7, 2023
Share article

Managed from offices in London, Singapore, and New York, Antler Elevate invests in remarkable founders beyond day zero—providing scale-up capital from Series A onwards for companies that have ambitious mindsets, show strong signs of product-market fit, and demonstrate compounding growth. Some of these companies were supported in Antler’s early-stage funds, which cover 20+ ecosystems. Others are startups new to the portfolio, having raised seed investments outside Antler’s early-stage funds. 

Antler compiles deep insights about founders and business models that lead to more informed investment decisions through a proprietary, disciplined evaluation process.   

The Antler Elevate fund has already invested more than $70 million in 30+ companies*, including: 

  • Airalo, the world’s first and largest eSim marketplace
  • Earlytrade, a liquidity marketplace for the construction sector
  • Two, a purchase financing solution for B2B e-commerce

*Peruse the full list of publicly-announced Antler Elevate portfolio companies.

The Antler Elevate team's deep vertical and operating expertise helps founders along their growth trajectory. Partner Martell Hardenberg exited Lazada to Alibaba and has grown the company from Pre-seed to unicorn status, which makes him an excellent sparring partner for fast-growing startups: Lazada, Southeast Asia’s largest e-commerce player, sold to Alibaba Group in 2016, the Group's largest transaction outside China. Teddy Himler, previously VP at SoftBank and Principal at Comcast, has expertise in growth-stage investments with a focus on digital media, gaming, e-commerce, cloud computing, and mobility. Fady Abdel-Nour was the Global Head of M&A and investments at PayU, the payments and fintech arm of Prosus, a global technology-focused investment group known for its early investment into Tencent. The team taps into this wide knowledge base to offer strategic guidance to portfolio companies, elevating their prospects for success.

The team shares their excitement about the fund:

Martell Hardenberg, partner at Antler: “Our mission at Antler is to be a long-term partner for the founders we work with, supporting them with capital, talent, mentorship, and network all the way from day zero to exit. Antler Elevate is a natural progression for Antler as our portfolio expands. It enables us to offer continued support throughout the growth journey of exciting companies globally, extending our support beyond the Seed stage up to Series C. Fast-growing businesses require significant capital, and having a committed partner like Antler is instrumental in financing their ongoing growth. To do this, we are leveraging Antler’s 25-office localized footprint and data-driven knowledge base to source investment opportunities at scale.”
Teddy Himler, partner at Antler: “Amidst rapid changes in venture capital and entrepreneurship globally, Antler has developed a global magnet for the next generation of technology talent. Pairing our proprietary day zero residency model with unique investing and operating insights, we believe the introduction of our multi-stage platform gives our portfolio companies further advantage across major technology ecosystems.”
Fady Abdel-Nour, partner at Antler: “The closing of Antler Elevate strengthens our ability to support incredible entrepreneurs starting from day zero and continuing through every step of their journey. By creating a lasting life-long partnership that is about more than capital, Antler is able to not only attract top-tier talent but also propel the next generation of game-changing founders forward. Together, we will foster innovation, empower visionaries, and shape the future of industries worldwide.”

Learn more about Antler Elevate and how it backs standout founders beyond day zero.

Read a recent article about Antler Elevate in TechCrunch.

Contact the team at

For media inquiries, please contact Rike Döpp Bergérus, Senior Director of Global Communications at and +46706313538 (WhatsApp).



The investor backing the world's most driven founders, from day zero to greatness. Enabling thousands of founders every year to launch and scale companies that move the world forward.

More insights

See all articles
5 min read
Championing a new generation of women founders in the UK and beyond

Antler’s exclusive “Empowering Women Entrepreneurs: Building Venture-Scalable Businesses” summit in London brought together top women founders for a dynamic afternoon of thought leadership and discussion. Read highlights of the event—essential insights for the next generation of women founders in the UK and beyond.

5 min read
Daria Stepanova: The rocket scientist using data to combat the climate crisis

Meet the spacetech founder tackling climate change by setting the new global standard for precise and continuous greenhouse gas emissions measurements.

5 min read
Introducing Canada's Next Big Thing: A blueprint for future entrepreneurs

Exciting news for entrepreneurs ready to leave their mark: We've launched a pivotal initiative that spotlights the diverse opportunities within Canada's thriving industries.

Our report curates pivotal problem statements from Canada's leading tech visionaries, founders, and VCs, offering aspiring entrepreneurs a pathway to impactful innovation.

Discover 20+ big opportunities pinpointed by top Canadian minds, spread across six fast-growing industries. Each challenge is an invitation to create and innovate—leading the way to the future.

We hope it will serve as a roadmap for aspiring founders ready to build tomorrow's solutions today.