VC Antler deploys £990k into seven tech startups

Antler tech investments Image credit: Antler

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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