The article discusses Antler Global, a venture capital fund that invests in early-stage startups. The fund’s managing team includes experienced professionals from various industries, and the investors include impact funds, sovereign wealth funds, and family offices.
Here are some key points from the interview with Magnus Grimeland, co-founder of Antler:
- Impact investing: Antler Global focuses on impact investing, which means that they invest in companies that have a positive social or environmental impact.
- ESG goals: The fund has not set any specific allocation for ESG (Environmental, Social, and Governance) goals, but 94% of their portfolio companies have a very positive impact on the world.
- Diversity: Antler Global has a diverse portfolio with more than 80 nationalities represented, and 30% of their portfolio companies have female co-founders.
- Long-term goals: The fund’s long-term goals include helping to educate a million entrepreneurs, building thousands of companies, and contributing over $100 billion to the global GDP.
Some quotes from Magnus Grimeland that stand out:
- "We will never invest in something just because we think it’s impactful. We’ll only invest into something because we think it’s a great business, and then we like that it also has a very strong impact on the world."
- "The opportunity space is growing – the very best people in the world are seeking to solve these types of problems."
- "If you want to build the best possible funds out there, you gotta have a diverse set of founders. You gotta find the best people."
Overall, Antler Global’s approach to impact investing and its focus on diversity and long-term goals are notable aspects of their strategy.
