Women founders get $60,000 grants from Antler's new $70 million fund
Women-founded companies get $60,000 grants from Antler at startup and another $60,000 at the next funding milestone.
Antler Australia is launching its third venture fund targeting $70 million in capital. Coaxial commits $20 million to the main fund.
Up to $10 million will support women founders through grants and co-investments. Women-founded companies receive $60,000 grants when Antler makes its initial investment.
They get another $60,000 when outside investors fund the next round. These grants don't reduce founder ownership or take equity.
Coaxial will commit to funding 15% of next rounds. Antler already commits 33%.
Together they cover nearly half the next round. Antler's data shows all-women founding teams return 2.6 times the initial investment.
That beats the portfolio average of 2.1 times. The fund targets the critical early stage where women founders struggle most to get capital.
- 70 million dollars minimum
- Fund III target
- 20 million dollars
- Coaxial commitment
- up to 10 million dollars
- Women support allocation
- 60,000 dollars
- Grant per milestone
Why it mattersWomen founders often run out of runway at early stages. They struggle to attract seed-round investors. Direct grants extend their lifelines.
AustraliaAustralian women-founded startups gain access to $60,000 grants and pre-committed follow-on funding, potentially increasing survival rates to Series A.
✓ Claims checked against the source. checked 3 h ago
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