TLDR:
- Australian founders find it difficult to raise capital to scale and grow their businesses
- Antler is offering a Fast Track Funding pathway for MVP-stage Australian businesses
In a recent article, Antler boss James McClure highlights the challenges faced by Australian founders in raising capital to scale and grow their businesses. He notes that Australian VCs are hesitant to invest in MVP-stage startups and continue investing through Series A and beyond. This lack of early-stage investment poses a risk for Australia’s potential to become a global hub for innovation. To address this issue, Antler is launching a Fast Track Funding pathway, aiming to back the best MVP-stage Australian businesses that have been active for less than 12 months. The program offers faster access to capital from day zero to Series C, mentorship from Antler’s global network, and opportunities for collaboration across the portfolio companies. With a commitment to making investment decisions by the end of July, Antler seeks to support and nurture the next great Australian success story in the coming years.