Antler and nHack enter JV for Singapore!
Antler and nHack enter joint venture to support Nordic companies expanding to Southeast Asia
Antler, Southeast Asia’s leading startup generator, and nHack, a leading Nordic investment firm based in China, are proud to officially announce the launch of a new accelerator for Nordic businesses in Singapore. The accelerator program, “nHack Singapore”, opens in September 2018. nHack Singapore will be an entrepreneurial hub for Nordic businesses and entrepreneurs looking for an entry to Southeast Asian markets. Antler and nHack will invest in selected Nordic companies and provide entry support to Nordic businesses expanding to the region.
The Antler team’s experience in successfully building and growing companies in Southeast Asia will offer on-ground expertise and support for companies in localising their product or service. Selected companies are offered the option to continue to nHack’s program in China. All companies will also gain access to nHack’s extensive network in China, Japan and Korea, in addition to Antler’s global team of advisors.
Antler founder and CEO Magnus Grimeland says, “nHack Singapore is a great new offering to Nordic businesses looking to enter Asia. Singapore and Antler will provide an excellent platform for nHack Singapore to help Nordic businesses expand in the region.” This venture will further aid Antler’s portfolio companies in expanding across China.
nHack Singapore will offer strategic, legal, human resource, production and client introduction support services. Both Antler and nHack founding partners will also provide capital, direct involvement and mentorship to all teams. The program is applicable to both up-and-coming startups as well as more established businesses looking to expand to Southeast Asia.
The program has a rolling intake starting from October 2018 and will be custom built to suit the Nordic business structure, with different speeds and levels of support catered to the maturity of each company. nHack founder, Chris Rynning adds, “nHack Singapore will initially focus on companies from the Nordic region, but we aim to include Germany, Austria, Switzerland and Holland in our next batches. We now encourage Nordic CEOs and Chairpersons to contact us to explore Asian growth opportunities”.
Interested companies and entrepreneurs can apply by contacting Emil Maltha Rasmussen at firstname.lastname@example.org or applying at nHack.io/Singapore.
nHack is a Nordic investment firm with accelerators in Beijing, Shanghai, Shenzhen and Hangzhou. nHack primarily helps companies rapid prototype, get paying customers and raise capital in China. nHack has a tight partnership with several key institutions including Danske Bank, WeWork, Innovation Center Denmark and Innovation Norway. www.nHack.io
The startup generator Antler turns the world’s best talent into great founders of great companies. Antler has recruited over 60 exceptional individuals who will build disruptive technology companies over the next five months in Southeast Asia. Antler supports and invests in the startups and connects them with mentors from all over the world. www.antler.co.
Alicia Ali, Marketing and Communications Manager
M: +65 909 303 72