Antares secures over US$50m at second close of deep-tech fund
The Singapore investor has committed capital above US$50 million and has invested about US$27 million across nine companies. US$100 million is its final fundraising target.
Antares Ventures said on 14 October that its first deep-tech fund had secured more than US$50 million in commitments at a second close. The Singapore-based firm is still raising toward a US$100 million final target.
The close gives Antares a larger capital base as it backs science and engineering companies that it believes can address constraints in Asian infrastructure and industry. The firm says it has already invested about US$27 million across nine companies. Its backers include family offices and corporate and strategic investors from Southeast Asia, Japan and Korea.
Antares invests from seed through Series B and sources technology globally, then works with portfolio companies on commercial adoption in Asia. Its four stated areas are energy, computing and digital infrastructure, industry, and urban and transport infrastructure. For operators in the region, the relevant question is whether a technical product can be integrated into existing systems and sold to industrial customers, rather than simply whether it can attract venture funding.
The existing portfolio shows the range of that approach. Singapore-based VFlowTech develops long-duration energy storage. UK company IONATE works on hybrid intelligent transformers, while Germany’s enaDyne develops plasma technology for industrial applications. India’s ePlane Company is developing electric aircraft for urban transport. Antares also lists investments in hydrogen transportation, water treatment, infrastructure monitoring and autonomous ocean monitoring.
Antares says its research team studies infrastructure sectors, market structures and routes to adoption before it assesses individual opportunities. Its investment review then considers technical performance, deployment economics and integration risk alongside the path to commercial adoption. After investing, it works with companies on customer development, industrial partnerships, pilots, localisation and regional expansion.
The announcement does not give a final-close date. Antares says it will continue fundraising toward US$100 million while deploying capital selectively. The second close adds to the capital behind an active portfolio whose investment test includes how a technology can work within existing Asian infrastructure and industrial systems.
Source: Antares Ventures’ original fund update, 14 October 2026.
