Antler, a venture capital firm with offices in 30 countries, has invested £840,000 in 7 British pre-seed tech startups during its 11th Spring Residency. The 2024 session attracted over 2,400 applications, from which 78 participants were selected, resulting in 7 investments.
- Founded in 2018, Antler is a venture capital firm that funds startups across six continents. With 30 global offices, Antler’s portfolio comprises more than 1,000 investments, having backed 400 European startups in the last 5 years. It has enabled exits for 142 companies, including Leather, Earth3.0, Incito, and Bounti.
"We continue to observe a compelling trend at Antler: founders are recognising AI's pivotal role in shaping our futures. They’re leveraging emerging technologies to tackle significant challenges across major industries, presenting innovative applications and use cases that underscore AI’s transformative potential," Investor at Antler, Sarah Finegan, stated.
Details of the startups
- Here are the seven tech startups that secured funding through Antler's Spring Residency program:
- Vente.ai, a London-based BD platform, uses AI to pinpoint and analyze high-potential recruitment opportunities while offering direct access to hiring managers.
- AskVinny automates property maintenance, scheduling, compliance, and reporting to help property management teams enhance tenant experiences.
- Banqora is a fintech startup that uses AI to automate and simplify post-trade tasks for financial institutions, saving time and money.
- Omma is an Agritech startup that develops an AI-powered insect incubator to automate beneficial insect rearing, reducing pesticide use in greenhouses.
- TradeStack uses AI to create a productivity tool that helps trade businesses quote faster and win more jobs.
- Distillery delivers product and marketing insights 25 times faster than traditional methods, revolutionizing data access and use for businesses.
- Inntelo AI develops a cutting-edge conversational AI platform for hotels to enhance guest experiences and streamline operational efficiency.
"This achievement wouldn’t have been possible without the unwavering support and resources provided by Antler and our amazing community of founders and advisors. We are deeply grateful for the backing and belief in our vision," Inntelo AI's team, commented on LinkedIn.
