This year, the local firm has rewired and re-routed the event, making it up-close and personal by live streaming from a studio in Sydney to an audience across the world -- it's set to be a Demo Day, just not as you know it.
Pitching at the event will be the startup founders of the 12 businesses Antler Australia most recently invested in, off the back of its second Sydney program. The recruitment of this second intake was highly competitive, having attracted more than 1,200 applications.
The teams, which span FinTech, SaaS, GreenTech, CleanTech, HealthTech and more, will take the stage on June 25, to reveal the innovative businesses they have created and hopefully secure follow-on investment.
Here are some interesting statistics about the newest Antler Australia portfolio companies:
19% female founders
67% previous entrepreneurial experience
15% have previously founded companies with >1M ARR
19% previous exited entrepreneurs
7% previous raised VC funding
30% have a masters or phd
Antler's investments come amid the global Covid-19 pandemic and concerns of a slowdown in venture capital investment in startups. Despite that, Australia's fund is just one of seven Antler regions globally to back early-stage businesses, tipping Antler's total invested funds to over US$15 million since 2019.
"We are extremely impressed with the strength of the companies that emerged from the second Antler Australia cohort. They have once again proven Antler's model of talent-first investing, which is highlighted by the number of exited or experienced founders leading our newest portfolio companies," says Antler, Australia and New Zealand Managing Partner, Bede Moore.
"Nobody doubts the role that entrepreneurs will play in kick-starting economies after the effects of Covid-19, but Antler Australia is uniquely positioned to support entrepreneurs to launch their companies. Our investments from our second cohort will be helping to lead the way in creating high-skill, high-value jobs as the Australian economy emerges post-crisis."
Since launching in 2019, Antler's Australia Early Stage Venture Capital fund has raised a huge AU$40 million from local entrepreneurs, family offices and international investors, including Facebook co-founder, Eduardo Saverin. The fund will back some of this country's most ambitious entrepreneurs in building over 100 new companies over the next four years.
The global team has been equally successful in raising funds, having secured US$75 million in the six months to February from significant investors such as Schroders, Ferd, Eduardo Saverin, Canica International and Credit Saison.
"The global footprint of Antler is proving to be a significant unfair advantage to new and experienced entrepreneurs who build companies with us. By complementing their existing local networks and leveraging our worldwide network of investors, advisors, and partners, we're attracting the most ambitious founders, many of which operate with a global mindset from day one of launching their business. This is represented strongly amongst the founders and ambitions of the 11 companies we have added to our portfolio." says Antler, Australia and New Zealand Partner, Anthony Millet.
Read more about the 12 portfolio companies pitching at Demo Day on June 15 below:
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Founders are the life force of the startup ecosystem. They give their all, betting on their seemingly “crazy” convictions and executing on abstract ideas that can potentially make our lives and work easier, faster, healthier, and better optimized.
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