CONVICTION AT THE EARLIEST STAGE
FROM INDONESIA TO THE WORLD
The most efficient path to a seed-funded company.
Build your startup with a team of ex-founders turned VCs, who’ve built, scaled, and exited companies ourselves. Join a global platform spanning 27 locations worldwide, 1,600+ startups in portfolio, and billions in follow-on capital raised.
The next Antler Indonesia Inception residency starts on 30 March 2026.
Jakarta
Conviction-based Funding
For startups that pass our structured due diligence, we lead with an $85,000 investment. This is the first ticket based on our conviction; designed to help you execute without distraction.
We then pre-commit additional funding of up to $250,000 in your next round as you ramp up your traction and growth.
No Black Box
Our six-week residency is an intense, transparent, two-way street. You receive unfiltered, data-driven feedback that will either sharpen your execution or reveal critical flaws.
At the end, there is no ambiguity, just a straightforward decision. Not everyone is a fit, and we’re decisive about it.
Structured for Speed
Go from first check to seed round in 9 months. You'll execute alongside partners who have built and scaled market-leading companies from Southeast Asia themselves.
80% of Antler companies raise follow-on funding within 9 months, and that isn't a goal; it's the standard we hold our founders to.
From Indonesia to the World
We back founders with global ambition from day zero. We connect you to our network of over 27 locations and introduce you to downstream investors worldwide.
With Antler, you have the platform to win everywhere. Our partnership extends far beyond your seed round, supporting your growth chapters all the way to Series C and beyond.
WHO IS ANTLER FOR?
Founders who are committed to solving a validated problem and building with resilience, pace, and global ambitions. The residency is designed for founding teams that are ready to raise initial capital for execution and scale.
The First 6 Weeks: Prove It
This is structured due diligence, not a classroom. You generate evidence of product-market fit while we study your business, your market, your tech viability through hard metrics from our office in Jakarta*.
You work alongside partners who have built and scaled companies from Southeast Asia. At the end of six weeks, we make a decision to invest $85,000 if you prove traction or stop the process. No soft commitments. No ambiguity with clear feedback.
*In-person attendance is required.
The Next 7 Months: Build and Close
We pre-commit up to $250,000 and work closely with you as a committed partner.
The first six months are for execution: iterate your product, prove distribution, and hit milestones. The final three months are for closing your seed round. We provide operating discipline, investor introductions, market updates, and global benchmarking.
When you raise your seed round, we match 50% of what you raise externally.
Apply Now
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.
Secure your first institutional investment
After you pass our six-week evaluation, we invest $85,000 for 10% equity via a standard SAFE designed to provide what you need to execute your plans and gain momentum. This closes in days, not months. No re-negotiation, no additional rounds of reviews.
Our shared goal is to get you to the next institutional round as quickly as possible, and when that happens, Antler matches 50% of what you raise externally from institutions, capped at $250,000.
Scale Without Limits
We continuously introduce our portfolio winners to downstream investors across the region and beyond to keep the moment going. Our global growth fund, Antler Elevate, invests up to $25M from Series A to C. We are built to back you for the long term.
We provide hands-on support from ex-founders who have earned their seat at the table. Our partnership is built on execution, not education.
The First 6 Weeks: Hard Metrics
During the initial sprint, we stress-test your business through rigorous, data-driven analysis. You receive unfiltered feedback on whether you have real traction or just potential. We evaluate you on four hard criteria: revenue signal, usage signal, distribution signal, or technical moat.
The Long-term Partnerships
After we invest, we provide operating check-ins, hiring discipline, customer introductions, and seed readiness coaching. We connect you to our global network of 27 locations worldwide and introduce you to downstream investors beyond Indonesia.
Powering builders with CAPITAL AND PERKS
$250K+ in Technical Credits & Perks AI & Cloud Infrastructure
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.
Bahadir Özdemir
Co-founder
Airalo
Wisnu Nugrahadi
Co-founder & CEO
Staffinc
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.
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.
We’ve helped put hundreds of founders on the path to 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.
10,000+
Founders supported
1500+
Portfolio companies
30%
Companies with > 1 female founder
2018
Year Antler started
#1
Most active VC investor globally
24
Offices globally
FREQUENTLY —ASKED QUESTIONS
We invest at inception — the earliest stage in your company's life cycle, typically when you are building your MVP, launching your product to market and gaining early traction. After working closely with the founding team for 6 weeks, we back them with conviction through an investment of $85,000 for 10% equity via SAFE. As you build and scale, we commit up to $250,000 matching capital at 50% of funding raised from other institutional investors (ARC).
Longer term, our growth fund, Antler Elevate, can invest up to $25M at Series A and beyond.
Our support is designed for execution, not education. You'll work closely with partners who are ex-founders themselves and have navigated the same path.
During the first 6 weeks, we act as your due diligence partner. You get direct, unfiltered feedback on your strategy as we stress-test your business model and build our conviction. This is a rigorous, data-driven process focused on hard metrics.
After we invest, we become your long-term strategic partner. We provide operating discipline, hiring support, and customer introductions. For fundraising, we offer seed readiness coaching and connect you to our global network of downstream investors. Our support continues far beyond the seed round, all the way to Series C.
We back founders building companies with real traction and clear paths to scale. We are sector-agnostic but conviction-driven, and we are particularly excited to partner with companies building solutions tailored to the unique needs of the region when global tech solutions fall short or those that can capitalize on Indonesia's strengths as a market.
This includes founders who are tackling complex local challenges from Indonesia with an AI-native approach bringing in deeper automation into business practices, or platforms that create novel consumer experiences for a rising generation, all with the potential to become regional champions from Indonesia.
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.
Yes, the initial six weeks of our partnership require a full-time, in-person commitment in Jakarta. This is an intense, structured due diligence process where we work together to validate your business and build our conviction. We expect your complete focus as we stress-test every assumption of your model.
After the 6-week residency, you enter the build and fundraise phase. While the intensity of building a startup remains a full-time endeavor, you have the flexibility to work from anywhere. However, you and your team will have free, 24/7 access to the Antler workspace in Jakarta. Our portfolio founders use the workspace as their headquarters to continue building, collaborating with our team, and exchanging insights with other builders in the community.
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.
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.
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.
THE ANTLER IN INDONESIA TEAM
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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Antler portfolio companies raise capital from other leading VCs
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