FundraiseOct 14, 2026, 02:28 UTC

Antares Ventures raises $50M, targets $100M first fund

What's the deal? Singapore-based Antares Ventures has raised $50 million toward a $100 million target for Fund I, its debut venture capital vehicle. Backers include family offices, as well as corporate and strategic investors from Southeast Asia, Japan, and Korea.

What's the endgame? The firm has already deployed about $27 million across nine companies. These include Singapore's VFlowTech, the UK's IONATE, Germany's enaDyne, and India's The ePlane Company.

Why now? Antares said it will keep fundraising while deploying capital selectively, rather than waiting for a final close.

The signal: The fund arrives as Singapore pushes to deepen its deep-tech base. The Economic Development Board recently committed an additional US$322.7M for partnerships with global venture capital firms, and the National University of Singapore launched a US$110M venture program for deep-tech startups, alongside support from SEEDS Capital and SGInnovate.