HomeDenmarkSmartCap Invests €5M in Antler's Nordic Fund II

SmartCap Invests €5M in Antler’s Nordic Fund II


SmartCap Venture Capital Fund has invested €5M in Antler‘s Nordic Fund II to further enhance its commitment to early-stage startups and innovative tech investment strategies.

Nordic Fund II, which has received anchor investments from the Export and Investment Fund of Denmark (EIFO) and Tesi from Finland, is the second Nordic focused fund from Antler following the launch of their first €30M fund in 2021.

The fund primarily targets the Nordic region by covering Sweden, Norway, Denmark, Finland, and now enters the Estonian market.

Antler is a global early-stage venture capital firm that made 140 investments in 2023. Its operating model is based on 12-week accelerator residency, where participants form teams and establish startups. Successful teams that emerge from the residency receive an investment of up to €300K to help grow their startups to the next stage.