Antler East Africa was launched in August 2019. Five cohorts with 153 founders have passed through the accelerator programs so far, and the firm has made 14 investments. A few of them include AIfluence, Marketforce-subsidiary Digiduka, Honeycoin, Uncover Skincare, Try Cooked and Vybe.
“We still do the venture building. That’s still the core of what we do. Just that now that the fund is closed, we have enough money to spend in existing businesses that are coming in,” Selam Kebede, the firm’s director, told TechCrunch over a call. “And we can invest in stuff that’s already been built with a pure kind of VCs type setup investment.”