Netherlands-based Venture Capital firm Antler has raised $285 million for a new fund to invest in growth-stage companies worldwide. 

Antler Elevate, announced by the VC firm in a statement on June 9, would be managed from its offices in London, Singapore and New York. Some investors in the new fund include Schroders, Korea Venture Investment Corp, Vaekstfonden and M&G Catalyst.

The new fund will invest in Series A and subsequent fundraising rounds of growth-stage startups with a good product-market fit and compounding growth to provide scale-up finance. As per a blog post on the company’s website, Antler’s early-stage funds covering 20+ ecosystems have already invested more than $70 million in over 30 such startups. 

Founded in 2017, the VC is present in 17 countries and has seeded more than 750 businesses across various industries and technologies and plans to reach over 6,000 companies by 2030. 

Antler is an investor in  28 startups based in India, all of which are yet to attain the unicorn title. The India arm of the company also selected 19 student entrepreneurs for its inaugural Antler India Fellowship cohort in January 2022. India’s startup ecosystem is currently the world’s third-largest.