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Antlerโ€™s founder on its vertical AI bet in Southeast Asia

TechCrunchTechCrunch ยท 1y ago
Antlerโ€™s founder on its vertical AI bet in Southeast Asia
Medial

Singapore-based venture capital firm Antler has invested $5.1m in 37 vertical AI startups in Southeast Asia. Antler's co-founder and managing partner, Jussi Salovaara, believes that founders in Southeast Asia are focusing on solving practical problems in different industries rather than pursuing horizontal AI. Each country in the region is seeing different trends within verticalized AI, with Vietnam's founders prioritising domestic markets, while Indonesian startups focus on their large domestic market rather than international expansion. Antler's investments include platforms for cross-border logistics, market research automation, and digitising project claims in the construction industry.

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