BACKING
GAME-CHANGING
FOUNDERS
BEYOND DAY ZERO
Our emerging growth fund, Antler Elevate, provides scale-up capital from Series A onwards to propel the next generation of remarkable founders on their paths to greatness.
Shaping the future of industries worldwide.
We invest in the people scaling breakout companies across six continents—from Antler’s early-stage funds as well as category leaders previously outside Antler’s portfolio.
The Antler Elevate team
Martell is an investment partner based in London who sits on a number of Antler’s Investment Committees. Prior to Antler, he was co-founder and CEO at Lazada, Southeast Asia’s largest e-commerce company, acquired by Alibaba Group in 2016. He was also a Global Venture Development Manager at Rocket Internet, where he was involved in rolling out and scaling business models globally. Martell holds an MBA from INSEAD and has been recognised on Forbes 30 under 30 list.
Fady is an investment partner based in Singapore. Prior to Antler, Fady was the Global Head of M&A and investments at PayU, the payments and fintech arm of Prosus, a global technology-focused investment group known for its early investment into Tencent. Before Prosus, he spent time with the Ontario Teachers' Pension Plan (OTPP) across their Toronto and Hong Kong offices and helped set up the Hong Kong office, establishing the firm’s presence in the region. Fady has an undergraduate degree in Business Administration from the Schulich School of Business—York University and is a CFA charterholder.
Hailing from India, Keerat is a Principal at Antler Elevate in Singapore. He has a background in investments, business growth, corporate strategy, and partnerships from his time at PayU, the payments and fintech arm of Prosus. Prior to this, Keerat began his career in TMT and Industrials investment banking at Goldman Sachs working in Bangalore and London. He holds an MBA from the Indian Institute of Management (IIM), Kozhikode and a Bachelor’s degree in Economics from SRCC, Delhi University.
Originally from Norway, Mathias is a Principal at Antler Elevate in London. Since joining in 2019, he has co-led Antler Norway and worked on strategic projects and investments for Antler globally. He is passionate about supporting founders who solve challenges across climate, energy, and fintech. Mathias kicked off his career as a management consultant at McKinsey, before working as an investment professional at a Nordic PE firm. Mathias holds a MSc Econ. from Norwegian School of Economics.
Originally from Mexico City, Eduardo is a Principal at Antler Elevate in New York. He has a background in consumer-facing growth equity from his time at The Abraaj Group, a global PE firm focused on emerging markets. Eduardo holds an MBA from The Wharton School, an MA in International Studies from UPenn’s Lauder Institute, and a Bachelor’s degree in Finance from Tecnológico de Monterrey.
Helena is a Senior Associate at Antler Elevate in London. Helena joins us from Eight Roads Ventures, an $12B fund investing at series A-C. Helena kicked off her career at LEK consulting before joining Farfetch as an operator in data analytics and working on the $6B IPO in 2018. Helena holds an undergraduate degree in Economics from the University of Cambridge.
Katherine is a Finance Manager at Antler Elevate based in Scotland. Before joining Antler she worked for Morgan Stanley for six years across the Finance and Fund Service Department dealing with financial matters for legal entities and delivering accounting solutions for hedge fund clients. Katherine joined the team in June 2023 and focuses on fund finance and operations. Katherine holds a Master’s Degree in Mechanical Engineering from Imperial College London.
The Antler Elevate portfolio
Antler Elevate has proudly invested in the following ambitious companies that show strong signs of product-market fit and demonstrate compounding growth.
FAQs
Here are answers to some frequently asked questions about our emerging growth fund, Antler Elevate.
We aim to be a long-term partner for the founders we work with, supporting our portfolio with capital, talent, mentorship, and network—from day zero to exit. Antler Elevate represents a natural progression for Antler as our portfolio expands. It enables us to offer continued support throughout the growth journey of exciting companies globally, extending our support beyond the Seed stage up to Series C. Fast-growing businesses require significant capital, and having a committed partner like Antler is instrumental in financing their ongoing growth.
The team's deep vertical and operating expertise can help founders along their growth trajectory. Martell Hardenberg exited Lazada to Alibaba and has grown the company from Pre-seed to unicorn status, which makes him an excellent sparring partner for fast-growing startups: Lazada, Southeast Asia’s largest e-commerce player, sold to Alibaba Group in 2016, the Group's largest transaction outside of China. Fady Abdel-Nour was the Global Head of M&A and investments at PayU, the payments and fintech arm of Prosus, a global technology-focused investment group known for its early investment into Tencent. The team taps into this wide knowledge base to offer strategic guidance to portfolio companies, elevating their prospects for success.
Antler Elevate actively invests in portfolio companies sourced from our early-stage funds, spanning 20 diverse technology ecosystems. In addition, we selectively consider category leaders who currently operate outside Antler's portfolio. Typically, Elevate invests at the Series A stage in rounds of $3-10M USD and may lead or co-lead investments. We look for founders with similar qualities consistent across all stages we invest in—including people with a mindset geared towards achieving product-market fit and demonstrating compounding growth. A sizable majority of Antler portfolio companies successfully secure funding after working with us.