Ask an Investor: With $100,000 per startup, Antler VC enters Nigeria to back startup ideas
- Antler is ranked the fifth most active VC investor globally since 2018 by PitchBook.
- The firm has invested $14 million in 26 East African startups, including Uncover and Sukhiba.
- Antler is entering the Nigerian market, appointing Anil Atmaramani as its West African partner.
Antler's proactive approach to investing in pre-seed startups in Nigeria is commendable, as it addresses the critical gap in early-stage funding. By focusing on community building and providing comprehensive support, Antler is well-positioned to foster innovation and entrepreneurship in the region. However, it will be essential for the firm to maintain a balance between backing high-potential founders and ensuring that investments are sustainable in the long term.
