Posted 2/22/2024, 5:23:00 AM
Antler VC Bets on Vertical AI Startups Solving Industry Problems in SEA
- Antler VC is betting on vertical AI startups in SEA solving industry-specific problems vs horizontal AI
- Trends differ by country - Vietnam startups tend to focus locally then expand, while Indonesian ones stay domestic
- Examples of Antler's investments BorderDollar (logistics financing), CapGo (market research automation), Seafoody (seafood supply chain), Zolo (food order automation)
- Challenges of building a vertical AI startup include getting the right team and industry expertise, plus data
- Vertical AI has a deep competitive moat compared to horizontal AI out of SEA competing with Silicon Valley