Entrepreneur First vs Antler
How Entrepreneur First and Antler compare on investment, equity, format, stage and timing. Every figure comes from the programs' own sites, verified November 4, 2026.
| Entrepreneur First | Antler | |
|---|---|---|
| Investment | $250K | Not published |
| Deal terms | Equity-free stipend during ideation, then up to $250K investment after company formation (third-party sources report $125K post-money SAFE for 8% plus $125K uncapped MFN SAFE; not confirmed on EF's site) | Varies by market: e.g. US $500K-$1M initial commitment; Singapore $100K for 10% plus $50K uncapped MFN SAFE; UK GBP125K for 8.5% |
| Format | In-person | In-person |
| Headquarters | London, United Kingdom | Singapore |
| Stage | pre-idea, pre-seed | idea, pre-seed |
| Sectors | general, deep tech, ai | general |
| Duration | Not published | 6 weeks to 3 months depending on location |
| Application cycle | Multiple cohorts a year per location | rolling, with multiple cohort starts per year by location |
Investment is the full standard package; where part of it is an uncapped SAFE, the equity stake covers only the fixed part (see deal terms). Terms change; confirm on each official site before applying.
About
Entrepreneur First
Entrepreneur First (EF) is a talent investor that recruits individuals before they have a co-founder or idea, helps them form teams, and funds the resulting companies. It gives an equity-free grant during the ideation phase and invests up to $250K once a company is formed, with follow-on capital available. Current hubs are London, Bangalore and San Francisco, with Demo Day in San Francisco.
Notable alumni: Cleo, Aztec, Magdrive, Omnea, Sonantic
About
Antler
Global early-stage investor that runs in-person residencies where individual founders can meet co-founders and build a company before receiving pre-seed investment. It runs programs in about 30 cities across the Americas, Europe, Asia Pacific, the Middle East and Africa. Investment terms are set locally and differ by market.
Notable alumni: Lovable, Airalo, Peec AI
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