Antler expands into Queensland, Australia

Antler is charting a new course for innovation by expanding our presence in Australia. We are launching in Queensland and partnering with the Queensland Investment Corporation (QIC).

Supported by the Queensland Government's Queensland Venture Capital Development Fund (QVCDF), the partnership is poised to transform the state's innovation sector. With a focus on bridging the early-stage funding gap, Antler and QIC are committed to attracting and nurturing the nation's top talent, driving forward Queensland's position on the global innovation stage.


Antler in Australia

As Australia's only truly global early-stage VC, Antler invests in and partners with exceptional founders from day zero. So far in Australia, we have worked with hundreds of ambitious founders and continue to partner with them over the lifecycle of their business.

Antler has announced its expansion into Queensland, Australia following a significant strategic partnership with the Queensland Investment Corporation (QIC).

Supported by QIC’s development fund, the Queensland Venture Capital Development Fund (QVCDF), backed by the Queensland Government, the partnership will enable Antler to extend its operations across three Australian states: New South Wales, Victoria, and now, Queensland. 

The key strategic partnership which leans on both Antler's and QIC's commitment to filling the early-stage funding gap, aims to attract top talent and propel Queensland's innovation sector to global prominence.

“Queensland’s innovation sector will benefit from Antler’s expertise, networks, and capital through the Queensland Venture Capital Development Fund,” says Nicholas Guest, Partner at QIC Private Equity. “By coming together to help close the identified early-stage funding gap, we can attract and retain the nation’s best and brightest to take Queensland innovation global.”

"The attraction to the QVCDF was immediate, given its synergy with our foundational mission to empower entrepreneurial talent. Queensland's rich tapestry of industries and academic excellence presents a fertile ground for pioneering startups. Through this partnership, we are excited to tap into the state's pool of ambitious individuals and support them in creating companies that stand at the forefront of innovation.”  —Mike Abbott, Partner at Antler in Australia
Mike Abbott speaking at the recent cohort kick-off in Sydney

The partnership and the expansion will also enable Antler to further support Queensland innovation, having already invested in nine local startups despite not having a physical presence in the state to date.

"Our ultimate goal is to assist Queensland founders in establishing more than 15 companies over the next four years, leading the way in Australian innovation," says Abbott.

Since 2019, more than 900 founders have joined an Antler Residency in Australia to launch and scale their next startup. Antler has invested in 30% of these founders or more than 120 Australian early-stage startups. Globally, in that time, Antler has also launched in 30 cities around the world and in December, announced it had made its 1,000th investment

Antler, which creates proprietary deal flow through its residencies, won’t host a Queensland-based cohort until 2026, however, is still taking applications from Queensland founders for its Sydney and Melbourne Residency, the next of which will kick off in May.

Until then, Antler will set up its local base and start engaging with Queensland's vibrant startup ecosystem, home to world-class universities like UQ, QUT, and James Cook, as well as flagship innovation groups like The Precinct, River City Labs, Something Festival, and more.

Read more about the partnership in the Australian Financial Review, Business News Australia, and Startup News Daily.

Subscribe to our newsletter

Get the latest news and views from Antler’s global community

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Must-read articles from Antler

Browse our collection of founder stories, industry insights and latest startup successes from Antler Australia

See articles
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.

5 min read
Invest in women: fast-track progress

Making progress a certainty—our north star goal at Antler—can’t happen if driven and visionary people aren’t firing at all cylinders with the support they need to tackle the pressing problems of our time. We’re marking International Women’s Day by asking women founders and team members in Antler’s global community why women are essential to progress.

5 min read
How to secure venture capital as an underrepresented founder

There is growing recognition that diverse founders and diverse teams generate more innovative solutions, ultimately building stronger businesses in the long run. Read Antler in the UK portfolio director Sarah Finegan's recent article in Startups Magazine, offering 10 tips on securing venture capital as an underrepresented founder.

5 min read
From day zero to greatness: Magnus Grimeland on the Capital Allocators podcast

How can the world tackle the increasingly complex problems of our time? With a new global infrastructure backing the most driven founders. Listen to Antler founder and CEO Magnus Grimeland discuss this—and why we're building Antler—on the Capital Allocators podcast.

5 min read
Bridging startups and industry leaders to drive purposeful innovation

As Jeff Bezos once said: “What’s dangerous is to not evolve.” While most business leaders understand that stagnation is fatal, for a host of reasons established companies often struggle to innovate—purposefully and powerfully.

Antler’s Business Development and Collaborations Group helps global corporates drive innovation excellence through high value-generating collaborations with Antler’s 1,000+ (and growing) global startup portfolio. In our collaboration with Investa, a leading Australian real estate investment manager and developer, we are connecting them to our global community of founders and the cutting-edge solutions they are building.

Read more about the powerful outcomes that happen when ambitious startups and industry leaders come together.

5 min read
The next wave of innovation: 27 industry trends set to define 2024

What will innovation look like as we move deeper into 2024? What are the biggest industry trends that will define the coming year?

We asked our global network of Antler Operators—founders, sector leaders, CxOs, and VPs from companies including Roblox, Airtable, Shopify, Spotify, Affirm, DoorDash, Uber, Hubspot, and more, who offer 1:1 advice to Antler portfolio companies, giving them extra firepower to help fast-track their growth.

5 min read
Antler leads $5.1M pre-seed funding for 37 startups across Southeast Asia

This marks the highest number of pre-seed deals completed in a single round in the region.

5 min read
Shaping sustainability in venture capital

Antler's third annual ESG and Impact Report discusses our commitment to sustainability as a strategic principle that's fundamental to the success of our firm, our portfolio companies, and broader society.