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StirlingX appoints Antler founder as Series A reaches $25m

Published: November 10, 2026 at 12:00 am

British data intelligence company StirlingX has appointed Magnus Grimeland, founder and CEO of investment firm Antler, to its board.

His appointment as board director, global scale & capital comes alongside an oversubscribed $6m second close of its Series A, which takes the round to $25m.

The new funding comes mainly from existing investors GALLOS Technologies and Ventura Capital, alongside individual investors.

StirlingX said the capital will fund continued development of MAYNE, its data analytics product, and LEWES, its connected autonomy product, alongside growth across defence and critical national infrastructure.

Antler, which is based in Singapore, operates across 27 cities worldwide, has backed more than 2,000 startups and holds a portfolio valued at over $3.7bn, according to the company.

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