Venture capital firm Antler has announced it is backing seven British technology startups operating in areas including proptech, fitness software and sextech.
Shared exclusively with UKTN, the VC is deploying $1.2m (£990,000) between its latest investments.
The eight new additions to Antler’s portfolio are:
- Abode: A fintech that assigns a portion of household rent towards a deposit to purchase the property for a set price.
- BoxHaul: Container haulage marketplace.
- Fittr: Analytics and automation tools for the fitness industry.
- Flexr: Uses AI to assess and improve a person’s mobility.
- Flutter: A startup tackling women’s sexual pleasure inequality with “data and new technologies”.
- Re:invent: A marketing platform targeting direct-to-consumer brands.
- Shaka: Custom branded mobile phone network for businesses can offer their own service.
The investments come off the back of a wider investment slowdown across UK tech this year. However, Antler partner Jed Rose said that now is the “best time in years” to launch a tech startup.
“Unlike most other VC firms, we are increasing our rate of investment to ensure that a new generation of founders have the backing they need to build world-class companies,” said Rose.
Antler invested in 70 European firms over the first six months of the year, which it says is the highest of any early-stage investor.
In June, Antler made a seed investment in CFDX, a precision neuroscience startup.
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