Antares Ventures

What Antares Ventures does

Antares Ventures is a Singapore-headquartered venture capital firm founded in 2024 that invests globally in science- and engineering-led deep-tech startups and actively supports their commercial deployment across Asia Growth Markets (Southeast Asia, India, and the Middle East). The firm focuses on early-growth ventures at Seed to Series B stages across four thematic pillars: Energy Systems, Compute & Digital Infrastructure, Industrial Systems, and Infrastructure & Natural Systems. Its portfolio of roughly 10–25 companies includes VFlowTech (vanadium redox flow batteries), Hydroleap (electrochemical water treatment), The ePlane Company (eVTOL), IONATE (Hybrid Intelligent Transformers), Ayrton Energy (LOHC hydrogen storage), Open Ocean Robotics (autonomous USVs), and enaDyne (plasma-based chemical decarbonization), with one realized exit to date.

Antares differentiates itself through a proprietary Asia Acceleration Model and a Source–Invest–Scale–Exit framework that pairs capital with execution support, board engagement, LP co-investment facilitation, and Asia-scale deployment via industrial and corporate partners. The firm operates as an appointed SEEDS Capital co-investment partner under Singapore's Startup SG Equity scheme and has cultivated partnerships with Eureka Network, Innovate UK, Temasek Trust, Cleantech Group, Singapore Global Network, Cradle Fund, and JICA QUEST to build cross-border deal corridors. Its GTM motion is sales-led in a B2B/enterprise sense: thesis-driven outbound deal sourcing, lead or co-lead investments, and active portfolio support rather than passive fund allocation.

Revenue is generated through traditional venture fund economics: management fees on committed capital (industry-standard ~2% annually) and carried interest on portfolio exits. Fund terms, AUM, and revenue are not publicly disclosed. The firm is led by three partners — Founder and Managing Partner Michael Gryseels (former McKinsey managing partner and True Digital CEO), Partner Louis Murayama (European engagement lead), and Partner Milena Nikolova — supported by a global advisor network, with total headcount in the 1–10 range.

Name

Antares Ventures

Legal name

Antares Ventures

Website

https://antares.ventures

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1–10 employees

Short description

Antares Ventures is a Singapore-based deep-tech venture capital firm founded in 2024 that invests globally at Seed to Series B in energy, compute, industrial, and infrastructure startups and scales them across Asia Growth Markets (Southeast Asia, India, Middle East).

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Portfolio Management and Investment Advice (523940), All Other Financial Investment Activities (52399)

SIC

Investment Advice (6282)

akta.pro primary industry

Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)

akta.pro secondary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

Keywords

• Deep tech venture capital
• Early-stage investing
• Climate tech investment
• Industrial decarbonization
• Asia market scaling

Headquarters

HQ city

Singapore

HQ country

Singapore

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Venture Capital Fund Management: Antares Ventures generates returns through management fees (charged on committed capital) and carried interest (performance-based share of portfolio company exits). The firm invests globally in deep-tech startups and supports their scaling across Asia Growth Markets, with returns realized through M&A exits or strategic acquisitions of portfolio companies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Antares Ventures is a Singapore-based venture capital fund that invests globally in science- and engineering-led deep tech startups (Seed to Series B) and actively supports their commercial deployment across Asia Growth Markets (Southeast Asia, India, and the Middle East). The firm leads or co-leads investments, takes board roles, and pairs capital with execution support, LP co-investment facilitation, and industrial/corporate partnership introductions across four thematic areas: Energy Systems, Compute & Digital Infrastructure, Industrial Systems, and Infrastructure & Natural Systems. Returns are generated through management fees on committed capital and carried interest from portfolio exits.

Product overview

Antares Ventures is a purpose-built deep tech venture capital fund that invests globally in science-backed innovators and actively supports their commercialization and expansion across Asia. The firm does not offer a product platform; its core offering is venture capital investment and deployment support. The firm focuses on four key thematic areas: Energy Systems, Compute & Digital Infrastructure, Industrial Systems, and Infrastructure & Natural System. The fund's portfolio includes investments in companies such as VFlowTech (vanadium redox flow batteries for long-duration energy storage), Hydroleap (electrochemical water treatment), The ePlane Company (eVTOL aircraft), IONATE (grid-optimizing Hybrid Intelligent Transformers), Ayrton Energy (liquid organic hydrogen carrier technology), Open Ocean Robotics (autonomous surface vehicles for ocean monitoring), enaDyne (plasma-based reactors for chemical decarbonization), and Sthyr Energy (zinc-air long-duration energy storage), among others. The firm provides capital paired with execution support, LP co-investment opportunities, and Asia-scale deployment through industrial and corporate partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Venture Capital Fund Management (Fund I)

Quantifiable outcome

• S$3 billion inStartup SG Equity investments facilitated across 330+ startups through SEEDS Capital partnership
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eleven partnerships are on record, tiered core and minor.

• Eureka NetworkcoreStrategic or Co-development Partner · 29 May 2026Antares Ventures formally joined Eureka Network's Investment Readiness Programme in May 2026, strengthening engagement with European deep-tech startups and corporations exploring growth pathways into Asia. The partnership was initiated at SWITCH 2025 and is led by Partner Louis Murayama. It supports European founders in accessing Asia's innovation landscape through industrial collaboration, market access, and commercialization support.
• Cleantech GroupcoreStrategic or Co-development Partner · 20 May 2026Antares Ventures co-hosted the Beyond Carbon & Silicon: Industrial Innovation Gathering during Ecosperity Week in Singapore with Cleantech Group and Singapore Global Network, bringing together corporate leaders, CVCs, family offices, founders, and operators. Portfolio companies VFlowTech, Hydroleap, and Ayrton Energy also participated.
• Singapore Global NetworkcoreStrategic or Co-development Partner · 20 May 2026Singapore Global Network (SGN), an initiative under Singapore's Ministry of Foreign Affairs, co-hosted the Beyond Carbon & Silicon event with Antares and Cleantech Group. SGN supports the global community in Singapore and fosters connections between international innovators and Asia's ecosystem.
• Cradle FundcoreStrategic or Co-development Partner · 4 November 2025Antares Ventures participated in Cradle's ASEAN Startup Summit 2025 in Kuala Lumpur, hosting a Beyond Carbon & Silicon session focused on deep-tech commercialization across ASEAN. The session explored the convergence of energy and computing redefining competitiveness across Asia's growth markets.
• JICA QUESTminorStrategic or Co-development Partner · 19 June 2025Antares Ventures supported JICA's Deep-Tech Co-Creation Challenge (QUEST), engaging with startups and ecosystem partners on deep-tech innovation challenges in Asia.
• SEEDS Capital (Scaling Deep Tech in Singapore)coreStrategic or Co-development Partner · 1 April 2025Antares Ventures partnered with SEEDS Capital to share insights on scaling deep tech in Singapore, contributing to ecosystem-building efforts for Singapore's deep-tech startup community.
• Innovate UKcoreStrategic or Co-development Partner · 19 March 2025Antares Ventures partnered with Innovate UK on initiatives supporting the scaling of UK deep-tech ventures into Asian markets, as part of the UK-Asia deep-tech ecosystem bridge.
• Temasek TrustcoreStrategic or Co-development Partner · 4 December 2024Antares Ventures co-hosted an event with Temasek Trust, bringing together 20 leading family offices in Singapore to strategize on climate solutions. The collaboration reflects shared interest in catalyzing capital toward sustainability and deep-tech innovation in Southeast Asia.
• The Liveability ChallengecoreStrategic or Co-development PartnerAntares Ventures is listed as a strategic partner of The Liveability Challenge 2026, Asia's leading platform for sustainability innovation, organized in partnership with Antares Ventures and other ecosystem collaborators.
• Earthshot PrizeminorStrategic or Co-development PartnerAntares Ventures is listed as an ecosystem partner associated with the Earthshot Prize, the global environmental prize founded by Prince William and the Royal Foundation.
• SLINGSHOT 2025minorStrategic or Co-development PartnerAntares Ventures is listed as a community partner for SLINGSHOT 2025, Singapore's deep-tech startup pitching competition organized by Enterprise Singapore.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• SOSV: Global venture capital firm operating multi-stage deep-tech accelerator programs (HAX, IndieBio, dlab). Comparable as a thesis-driven, globally sourced deep-tech investor with Asia exposure and an execution-support value-add model.
• DCVC (Data Collective): US-based deep-tech VC investing in early-growth compute, energy, and industrial startups — a category that closely mirrors Antares' Energy Systems, Compute & Digital Infrastructure, and Industrial Systems theses.
• Lux Capital: US deep-tech VC investing in science- and engineering-led companies across energy, computing, biology, and industrial sectors. Comparable as a founder-led deep-tech investor with global sourcing and disciplined thesis construction.
• Wavemaker Partners: Early-stage deep-tech VC firm with strong Southeast Asia presence and a focus on enterprise/industrial startups. Directly comparable as a thesis-driven SEA deep-tech investor writing seed-to-Series A cheques.
• SEEDS Capital: Singapore government investment arm (under Enterprise Singapore) that Antares co-invests with under the Startup SG Equity scheme. Directly comparable as a deep-tech-focused early-stage investor in Singapore deploying capital alongside private partners like Antares.
• SGInnovate: Singapore government-linked deep-tech investor backing early-stage startups in AI, advanced manufacturing, and sustainability. Comparable as a Singapore-anchored, government-enabled early-growth deep-tech investor.
• Breakthrough Energy Ventures: Funded by Bill Gates and partners, BEV invests in early-stage companies tackling climate change through deep tech (energy, storage, hydrogen, industrial decarbonization). Directly overlaps with Antares' energy-transition and decarbonization portfolio themes.

Emerging players

• Entrepreneur First: Global talent-investor focusing on deep-tech founder formation (pre-seed to seed), with active operations in Singapore. Partial overlap with Antares' early-stage deep-tech mandate and Singapore base.

Regional players

• Vickers Venture Partners: Singapore-headquartered early-to-growth-stage VC investing in deep tech and life sciences across Asia. Comparable as a Singapore-based deep-tech investor, though broader in sector scope and less Asia-deployment-focused than Antares.

Broad incumbents

• Temasek Holdings: Singapore state-owned investment company with a growing direct deep-tech allocation via its Temasek Trust ecosystem partnerships (Antares co-hosted Empower Tomorrow with Temasek Trust). Overlaps broadly as a capital source into Asia deep tech, though predominantly a fund-of-funds / direct late-stage investor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/antares-ventures

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments10 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Antares Ventures