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The new fund will continue investing in early-stage tech-enabled companies in Southeast Asia with pre-launch, pre-seed, and seed capital, Antler said in a statement. Over the next six to nine months, Antler SEA Fund II plans to allocate $27m to approximately 45 early-stage startups.
Jussi Salovaara, Co-founder and Managing Partner of Antler, said, "As a global multi-stage investor, we believe there has never been a better time than now to build. Technological advancements in AI, access to capital, and a growing market in Southeast Asia have created a remarkable environment for innovation and breeding global leaders. We are also grateful for the support of our investors as Antler continues to champion founders from inception through their growth with innovative solutions such as ARC."
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