Jakarta

Antler is where serious teams come to move faster

Build the next generation of category-defining companies from Indonesia.

Work with a team of ex-founders turned VCs, who’ve built, scaled, and exited companies ourselves. Join a global platform spanning 30+ hubs, 1,500+ startups, and billions in follow-on capital raised.

Applications are open on a rolling basis.

Antler is where serious teams come to move faster

Build the next generation of category-defining companies from Indonesia.

Work with a team of ex-founders turned VCs, who’ve built, scaled, and exited companies ourselves. Join a global platform spanning 30+ hubs, 1,500+ startups, and billions in follow-on capital raised.

Applications are open on a rolling basis.

No items found.
Kickstart your VC funding

Get early backing with Pre-Seed investment and ongoing support through follow-on funding up to Series C

Receive dedicated coaching

Get hands‑on guidance from Antler partners and operators. Each session is personalized and laser‑focused on helping you validate faster, run sharper experiments, and stay on track toward traction.

Move at lightning speed

Months of trial and error structured into weeks. With clear milestones and rapid feedback loops, we push you to build, test and iterate at a pace that gets you investment-ready fast.

10x your network

Join a truly global community of builders and operators in Southeast Asia and while leveraging Antler’s global network to expand beyond borders.

Who is Antler for?

Ambitious founders and pre-existing teams who are committed to building venture-scale businesses. If you have a strong co-founder fit, a clear problem you’re tackling, and the drive to validate, experiment, and push toward traction, this program is for you.

Apply in Minutes

Converse with our guided AI voice chat. In just 30 minutes, answer tailored questions about your product, traction, and growth plans. Fast, simple, and designed to get to know your startup quickly.

Build Relentlessly

Join a 6 - 10 week sprint in Jakarta whenever you are ready.*
Work alongside seasoned operators, mentors, and peers to refine your model, test assumptions, and drive rapid customer validation. 
*In-person attendance is required. Our residency provides relocation grants and visa guidance if you are coming from overseas to Indonesia.

Secure Initial Firepower

Get US $125K for 10% equity via SAFE—capital designed to help your team move with speed.

Committed Follow-on Funding

Antler matches 50% of what you raise externally from institutions (up to $250K). Secure $500K, and Antler adds $250K (T&Cs applied)

Scale Without Limits

Access up to $10M in follow-on funding opportunities and pitch to investors through our global showcases.

Condense months of work into weeks.

From Jakarta, you’ll join a high-intensity sprint designed to accelerate every part of your startup journey. Alongside top founders, seasoned operators, and mentors, you’ll refine your model, stress-test assumptions, and push toward rapid customer validation.

  • Weekly operator office hours with founders who’ve built and exited.
  • Product, go-to-market, and fundraising sprints to sharpen execution.
  • Direct access to customers, mentors, and advisors for real-world feedback.

And it’s not just about coaching. Antler equips you with the resources to build at scale from day one:

  • $1K Grant upon Acceptance – immediate support for technical founders.
  • $250K+ in Technical Credits & Perks – AI infrastructure, GPU credits, advanced cloud tooling.
  • $1K Relocation Support – to help your team settle into Jakarta smoothly.
  • Free Office Space – build side by side with other ambitious founders.

Antler gives you the capital, coaching, and technical firepower to turn bold ideas into venture-scale companies. From validation to scaling, every perk and program element is designed to help you move faster, smarter, and with greater impact.

Maximizing your success–from being your earliest backer to a long-term capital partner who provides follow-on funding and access to top VCs.‍

1.⁠ ⁠Initial Investment

If your startup passes our investment committee, we will invest $125,000 for 10% of your company via a SAFE agreement. This initial capital empowers you to build your product, attract early customers, and prepare for your next funding round.

2.⁠ ⁠Follow-on Funding (Next 9 Months)

As you raise capital from external institutional investors, we will match 50% of the amount raised, up to $250,000, at the latest valuation.

Example: If you raise $500,000 externally, we’ll invest an additional $250,000, bringing your total early-stage funding to $875,000 ($125,000 initial + $500,000 external + $250,000 matching).

This matching mechanism accelerates your growth while keeping terms founder-friendly.

3.⁠ ⁠Growth-stage Funding (Series A to C)

• Access our global network of investors through Antler’s Portfolio Showcase.
• Potential investment of up to $10 million to fuel your growth through Series C.
• Ongoing support to refine your strategy and prepare for future fundraising

Who can join Antler?

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

For Individuals

Looking for a co-founder?

For individuals who are looking for a co-founder to build and start something new.

We bring together an exclusive group of ambitious people to explore ideas together. Meet, learn, and co-create with exceptional builders. Join us to turn your vision into reality.

For Individuals

Looking for a co-founder?

For individuals who are looking for a co-founder to build and start something new.

We bring together an exclusive group of ambitious people to explore ideas together. Meet, learn, and co-create with exceptional builders. Join us to turn your vision into reality.

Meet an Antler partner Thursday at 1PM CET

Join us for an open session with one of our partners to discuss how we work with founders and what to expect

Join now

How Antler in MENAP Works

Learn what to expect at Antler - from our application process to our 10-week residencies, held twice a year.

The Selection Process

Apply

Complete a short application to introduce yourself.

Attend Our Info Session

Join an info session to learn about Antler, the residency, and ask your questions.

Chat with Us

Engage in a series of interviews where you can share more about yourself, your project, and how you think we can support you.

Get Started

If accepted, you’ll receive an offer and your onboarding details to join the residency.

The Antler Residency Experience

The Antler Residency is a 10-week building sprint that enables founders to accomplish in weeks what typically takes months.

Each week, participants set high-impact goals and focus on core priorities, leveraging our community, coaching, and energy to drive progress. Our residency includes group events, office hours, and networking opportunities.

Held in-person in Dubai (Spring) and Riyadh (Fall), the residency is designed for entrepreneurs who are already full-time or ready to transition.

The Pitch for Investment

At the end of the residency, selected teams will have the opportunity to pitch to our investment committee.

We offer successful teams an initial investment of $180,000 via a SAFE agreement for 11% equity in your new company. Founders then have the potential to unlock an additional $320,000 in uncapped follow-on funding.

For more established teams, we accept and review investment applications throughout the year on a rolling basis.

The Benefits of Being a Portfolio Company

After investing, we maintain a close relationship with founders, providing weekly and ad-hoc support. Our focus is on driving customer acquisition, revenue growth, and preparing for future fundraising rounds. As portfolio companies approach their next funding milestone, we showcase our most recent investment cohort to local and global investors.

By joining Antler's portfolio, you'll also gain access to a global community of founders, over $4 million in exclusive perks, and our extensive network. This network includes Antler Partners, Advisors, Investors, Founders, and Alumni across more than 30 locations worldwide, all dedicated to fueling your global growth.

01
0
02
1
03
2
04
3

“As a global fund, Antler’s access to networks is unmatched—I’d estimate that 1 in every 3 dollars Sapyen has raised so far is tied, directly or indirectly, to Antler’s introductions or influence. I’ve leaned heavily on Antler at critical junctures, and they’ve come through without exception, every single time. Undoubtedly one of the best institutional investors on my cap table.”

Ashwin Ramachandran
CEO | Sapyen

Antler was our first investor—an incubator of optimists. Joining Antler wasn’t just about funding; it was about surrounding ourselves with people who see potential, take risks, and build. For anyone wondering if they should take the leap with Antler, my answer is an optimistic YES. There’s a big chance it could change your life, and I would do it all over again if I could.

Bahadir Özdemir
Co-founder
Airalo

Joining Antler connected us to an incredible global network of founders, investors, and mentors. Being part of this community gave us opportunities and insights we simply couldn’t have accessed on our own.

Wisnu Nugrahadi
Co-founder & CEO
Staffinc

FAQs

By helping thousands of founders launch and scale the next generation of great companies that address some of the most pressing challenges of our time, we move society forward and make progress a certainty.

What does it mean to join on a rolling basis?

Differing from other Antler locations, we are accepting teams on a rolling basis to the residency in Indonesia. This means teams are welcomed to join us in Jakarta anytime throughout the year once they are ready to commit full-time to building a startup.

How is this different from other Antler residencies?

Unlike Antler’s company formation programs that focus heavily on co-founder matching and ideation, the Indonesia residency is a 6-week sprint for teams already in motion. You’ll spend less time searching for partners and more time running fast experiments, testing assumptions, securing clients, and pushing toward investment readiness.

Who is this residency designed for?

This program is specifically built for founders or pre-existing teams who already have: a clear problem, strong founder-market-fit, and a product direction. If you’re working on validating your business model or starting to develop your MVP, you’re exactly who we’re looking for.

Do I need to have an idea to apply?

Yes, we’re looking for teams that are already in motion. That means you don’t need a perfectly polished product, but you do need more than just an idea. The program is designed for founders who already have a team (or co‑founder) they’re working with, are clear on a problem worth solving and have started shaping a direction for their product or solution. Our focus is on helping teams validate faster, run sharper experiments, and push toward traction.

Do I need a co-founder to apply?

Yes, we require that all teams have at least two co-founders. The best startups are built by strong, complementary teams who can scale beyond product development—meaning technical excellence should be matched with go-to-market execution.

Having a co-founder significantly improves a startup’s chances of success by distributing responsibilities, enabling faster execution, and making the business more investable.

If you don’t have a co-founder yet, we are happy to support in finding one through our community before applying.

Is the Antler residency a full‑time commitment

Yes. To get the most out of the sprint, founders are expected to commit full time, in person. The pace is fast, and progress depends on your team being fully focused on building, testing, and iterating during the program.

What type of companies and which sectors does Antler invest in?

Antler invests in a wide range of sectors, including fintech, healthcare, SaaS, e‑commerce and more. Globally, we’ve backed over 1 000 companies across diverse industries, with a focus on those leveraging technology to scale and build innovative solutions. More importantly, we look for founders addressing pressing problems with scalable, high‑impact ideas that can succeed on a global stage.

What kind of support will my team receive?

You’ll get weekly coaching sessions, access to technical perks, resources, connections, office hours with regional partners, and the chance to present at Friday townhalls. You’ll also work out of our Jakarta office alongside other ambitious teams, with access to workspace, meeting rooms, and a vibrant community that accelerates progress. If your team is relocating to Indonesia for the residency, a relocation grant will be provided to help you settle in smoothly.

What if we have already raised funding?

Yes, even if you have already raised some funding, Antler can help accelerate your growth. We provide additional capital, strategic mentorship, and access to our global network of investors and industry experts to help you scale faster and reach your next milestones more efficiently.

Powering builders with CAPITAL AND PERKS

  • $1K Grant upon acceptance for tech builders
  • $250K in Technical Credits & Perks AI & Cloud Infrastructure
  • $1K Relocation Support
  • Free Office Space beyond the residency

Antler gives you not only the capital and coaching but also the technical firepower to turn bold ideas into venture-scale companies. Access GPU credits, advanced AI tooling, and cloud services from top partners to validate and scale faster.

Ready?
Apply with our AI

Hit apply below to start the conversation with our AI-native application process, or simply ask us any questions you still have. If you are having issues with the AI conversation, please email us at indonesiascouting@antler.co.

We’ve helped put hundreds of founders on a pathway to global success

Fuelled by a passion that goes beyond traditional investing, we exist to increase our founders’ speed and maximise their success rate in solving important problems.

Pathzero

Pathzero enables asset owners, fund managers and the operating entities they invest in to calculate and share emissions data on one secure technology platform.

Gapai

Connect Indonesian workers to offshore job opportunities

Match Made

Reconciliation Tools for Enterprise

Kora

Integrated Co-Farming company that focuses on empowering farmers through post-harvesting technology

Agri Sparta

Industrializing rice farming

Dash Electric

Sustainable and efficient electric vehicle (EV) fleet for on-demand delivery services

HealthPro

On demand Automation platform of vetted healthcare workers for Hospitals & Clinics

Stofee

End to end operating system for fashion

Ovy Health

A women’s health platform integrating fertility tracking, virtual care, and clinic coordination to make reproductive healthcare more accessible and personalized across Southeast Asia.

Lunash.id

AI-driven debt management solution that enables businesses to recover debts more effectively

YOBO

YOBO (Your Own Business Online) is an AI-powered sales CRM and marketing automation platform that helps offline and omnichannel businesses drive repeat sales, customer retention, and personalized engagement—all seamlessly integrated with WhatsApp and payments.

SPUN

Streamlining visa creation with AI & automation for a more delightful global mobility

Manuport

End-to-End Supply Chain Solution for Apparel Industry

Antler portfolio companies raise capital from other leading VCs

We are empowering Antler founders through strategic partnerships with leading institutions across the region

The Antler in Indonesia team

By founders for founders, our team is made up of entrepreneurs and early-stage experts.

Mike Abbott
Partner

Mike is a Partner at Antler Australia and co-leads the Australia operations. He's a seasoned operator and investor who kickstarted his career in equity capital markets and mergers and acquisitions.Mike's journey with Uber began as the second employee in Asia and the 121st globally. As the Head of Operations for Australia and New Zealand, he played a pivotal role in building a thriving multi-billion-dollar business locally. Over the course of six years, he witnessed the local team's remarkable growth, scaling it from just three members to a formidable team of over 500. This experience gave him invaluable insights into scaling businesses and driving growth in challenging markets.Following his time at Uber, Mike co-founded and led Kaddy, a B2B marketplace. Under his leadership as CEO, Kaddy was acquired for $34 million within three years. Mike also brings over 20 years of investment experience, including numerous direct and indirect angel investments. His diverse background and extensive experience have made him a sought-after advisor and mentor, offering valuable insights to early stage businesses.

Jussi Salovaara
Co-founder and Managing Partner

As Co-founder and Managing Partner Asia, Jussi works with a global team dedicated to building the most defining technology companies of tomorrow. Jussi leads Antler’s investments in the APAC region and supports founders in building and scaling their businesses, especially with growth and fundraising. He has over a decade of experience across different industries at Nokia, McKinsey, Deloitte and Morgan Stanley.

Agung Bezharie Hadinegoro
Partner

Agung brings over a decade of entrepreneurial and venture capital experience. Prior to Antler, he was the Co-founder and CEO of Warung Pintar, the largest B2B e-commerce platform in the country, empowering over half a million traditional retailers. Prior to his entrepreneurial endeavors, Agung actively engaged with the tech startup community, working as an investment associate at East Ventures and running incubator programs at the Global Entrepreneurship Program Indonesia (GEPI). He obtained his bachelor's and master's degrees from Bandung Institute of Technology (ITB), and his accomplishments were recognized when he was honored as one of Forbes' 30 Under 30 Asia in 2019.

Winnie Khoo
Partner

With over 25 years of experience in tech and startups across Asia, Winnie is a seasoned operator with leadership roles at Alibaba, PropertyGuru, and Carousell. Currently Partner in Singapore, where Antler is headquartered, she shares responsibility for the firm's operations in Southeast Asia.

Lorenzo Peracchione
Venture Partner

Lorenzo is a Venture Partner at Antler supporting founders across Southeast Asia. He co-founded Lummo (formerly BukuKas) in 2019, whose products BukuKas and LummoShop have been adopted by millions of businesses and backed by Sequoia Capital, Tiger Global, Google, and other top-tier investors. Before founding Lummo, Lorenzo led Sephora’s e-commerce and mobile transformation in 10 markets across SEA and ANZ, and scaled Luxola Thailand prior to its acquisition by LVMH. He also played key roles at Rocket Internet ventures Lamudi and Lazada, helping launch and grow operations in Indonesia from the ground up.

Hiro Kiga
Partner

Hiro brings a unique mix of entrepreneurial and investing experience to the Antler team. 

He co-founded WALLEX, a B2B FX and cross-border payments platform, and grew it into a regional fintech player before its acquisition by M-DAQ in 2022. 

Before that, he spent several years in venture capital with Strive VC (formerly GREE) and Yello Mobile, after starting out as a software engineer at Macquarie Group. Along the way, he backed one of Indonesia’s largest e-commerce companies, Bukalapak, at the Series A stage before it became a unicorn and went public.

Fluent in English, Japanese, and Indonesian, Hiro has often acted as a bridge between Japan and Southeast Asia’s startup ecosystems.

Markus Bruderer
Partner

Markus is a Partner at Antler sharing the overall responsibility for Antler’s operations in Southeast Asia. Markus has worked with technology ventures in SEA for nearly a decade. Prior to Antler, Markus was in Venture Development Roles at Zalora and Global Fashion Group (GFG) based in Indonesia, Philippines and Singapore. He holds a Master’s degree in Banking and Finance from the University of St.Gallen, Switzerland.

Olivia Irish
Scouting Associate

Olivia is responsible for executing scouting efforts to find the best founders in Indonesia.

She began her career supporting OVO and Hangry's Corporate Finance teams, helping raise over $30M and closing an M&A deal. She later joined Capria Ventures, a US-based VC, where she sourced early-stage companies and supported the end-to-end investment process.

Drawing on her prior experience, Olivia leads marketing initiatives marketing initiatives that strengthen Antler's connections to the broader VC and startup ecosystem. 

Alyandra Katya Mangkuningrat
Portfolio Associate

Katya is a Portfolio Associate at Antler, where she is responsible for supporting portfolio companies throughout their building and fundraising processes.

6 years of experience in the media and lifestyle industry, working on branding and campaigns for clients like Hypebeast, Grab, Potato Head, etc.

Prior to joining Antler she co-founded the community-centred food experience company, Lazy Susan.

Zahra
Finance Associate

Zahra is a Finance & Accounting Associate at Antler Indonesia where she supports Antler’s financial matter and bookkeeping process. 

Prior to Antler, Zahra was the Accounting Supervisor of Sicepat Ekspress Indonesia - One of the Logistics leading startup in Indonesia, Ivosigts - Customer engagement solutions startup as a Finance, Accounting and Tax Supervisor and Arghajata Consulting.

Her experience immerses in startup companies to help their first financial and bookkeeping strategy.

Keith Lim
Finance Director

Keith heads the Finance function in Antler Southeast Asia and is in charge of the financial and tax reporting and compliance of the SEA fund and the local Antler entity. He has more than 20 years of working experience in both the public and private sectors covering industries from real estate, sports, defence and research. Prior to joining Antler, he spent 13 years with a multi-national real estate company which specializes in fund and asset management, real estate development and resort operations.

Audrey Gunawan
Finance Associate

Audrey supports the financial operations of South East Asia as a financial Associate. She has an understanding of financial systems that stem further than the basics, previously working first hand on finances in Singapore’s hospitality industry. Audrey is also currently pursuing her ACCA studies to gain her Chartered Certified Accountant qualification. She holds a Bachelor’s degree in Accountancy and Financial Management.

Meet our Antler in MENAP Venture Partners & Advisors

Mike Abbott
Partner

Mike is a Partner at Antler Australia and co-leads the Australia operations. He's a seasoned operator and investor who kickstarted his career in equity capital markets and mergers and acquisitions.Mike's journey with Uber began as the second employee in Asia and the 121st globally. As the Head of Operations for Australia and New Zealand, he played a pivotal role in building a thriving multi-billion-dollar business locally. Over the course of six years, he witnessed the local team's remarkable growth, scaling it from just three members to a formidable team of over 500. This experience gave him invaluable insights into scaling businesses and driving growth in challenging markets.Following his time at Uber, Mike co-founded and led Kaddy, a B2B marketplace. Under his leadership as CEO, Kaddy was acquired for $34 million within three years. Mike also brings over 20 years of investment experience, including numerous direct and indirect angel investments. His diverse background and extensive experience have made him a sought-after advisor and mentor, offering valuable insights to early stage businesses.

No items found.

FAQs

By helping thousands of founders launch and scale the next generation of great companies that address some of the most pressing challenges of our time, we move society forward and make progress a certainty.

What does it mean to join on a rolling basis?

Differing from other Antler locations, we are accepting teams on a rolling basis to the residency in Indonesia. This means teams are welcomed to join us in Jakarta anytime throughout the year once they are ready to commit full-time to building a startup.

How is this different from other Antler residencies?

Unlike Antler’s company formation programs that focus heavily on co-founder matching and ideation, the Indonesia residency is a 6-week sprint for teams already in motion. You’ll spend less time searching for partners and more time running fast experiments, testing assumptions, securing clients, and pushing toward investment readiness.

Who is this residency designed for?

This program is specifically built for founders or pre-existing teams who already have: a clear problem, strong founder-market-fit, and a product direction. If you’re working on validating your business model or starting to develop your MVP, you’re exactly who we’re looking for.

Do I need to have an idea to apply?

Yes, we’re looking for teams that are already in motion. That means you don’t need a perfectly polished product, but you do need more than just an idea. The program is designed for founders who already have a team (or co‑founder) they’re working with, are clear on a problem worth solving and have started shaping a direction for their product or solution. Our focus is on helping teams validate faster, run sharper experiments, and push toward traction.

Do I need a co-founder to apply?

Yes, we require that all teams have at least two co-founders. The best startups are built by strong, complementary teams who can scale beyond product development—meaning technical excellence should be matched with go-to-market execution.

Having a co-founder significantly improves a startup’s chances of success by distributing responsibilities, enabling faster execution, and making the business more investable.

If you don’t have a co-founder yet, we are happy to support in finding one through our community before applying.

Is the Antler residency a full‑time commitment

Yes. To get the most out of the sprint, founders are expected to commit full time, in person. The pace is fast, and progress depends on your team being fully focused on building, testing, and iterating during the program.

What type of companies and which sectors does Antler invest in?

Antler invests in a wide range of sectors, including fintech, healthcare, SaaS, e‑commerce and more. Globally, we’ve backed over 1 000 companies across diverse industries, with a focus on those leveraging technology to scale and build innovative solutions. More importantly, we look for founders addressing pressing problems with scalable, high‑impact ideas that can succeed on a global stage.

What kind of support will my team receive?

You’ll get weekly coaching sessions, access to technical perks, resources, connections, office hours with regional partners, and the chance to present at Friday townhalls. You’ll also work out of our Jakarta office alongside other ambitious teams, with access to workspace, meeting rooms, and a vibrant community that accelerates progress. If your team is relocating to Indonesia for the residency, a relocation grant will be provided to help you settle in smoothly.

What if we have already raised funding?

Yes, even if you have already raised some funding, Antler can help accelerate your growth. We provide additional capital, strategic mentorship, and access to our global network of investors and industry experts to help you scale faster and reach your next milestones more efficiently.

Browse our latest insights

No items found.
September 29, 2025
Apply now