The Innovative Startups and SMEs Fund (ISSF), the largest investment fund of its kind in Jordan, has announced an investment of US$3 million in the Antler MENAP Fund LP.
The US$60 million early-stage venture capital fund, launched by Antler, targets investments from pre-seed to Series A stages across the MENA region.
The fund operates with a sector-agnostic approach.
Antler, which was established in Singapore, is one of the most active early-stage investors globally and is recognised for its “Day Zero” investment model, which involves working with founders from the outset of their ventures.
Commenting on the partnership, ISSF CEO Mohammed Al Muhtaseb said:
“Through Antler’s MENA fund and a dedicated programme for Jordan, we aim to equip Jordanian founders with the capital, structure, and global networks needed to scale up their ideas into successful ventures. This partnership will support the development of a strong pipeline of high-potential startups.”
Magnus Grimeland, Founder and CEO of Antler, added:
“This partnership with Jordan is a powerful endorsement of the entrepreneurial potential we see in the country. Jordanian founders are distinguished by their creativity, resilience, and global mindset. With Antler’s global reach and local talent, we’re excited to back bold ideas and build lasting impact for the Jordanian startup ecosystem.”
Featured image credit: edited from freepik
