Money invested: $500K to $1M (US). Stake taken: about 10% (Europe). Applications today: open, rolling intake. Everything below comes from the program’s own official pages, read on 2 November 2026.
Applications today
Open, rolling intakeAs read on 2 November 2026 from the official page.
No deadline is published for the windows listed.
United States, Canada and the Nordics: rolling intake, no deadline. Cohort start datesRead on 2 November 2026
Other locations: fixed start dates, for example Australia on 8 February 2027: open, no deadline listed. Cohort start datesRead on 2 November 2026
Terms at a glance
Only what the official site states. Each line links to the page it comes from.
Antler publishes its terms country by country. This page reports the United States page and the Continental Europe page, which are stable between the HTML source and the browser. The UK page contains two different sets of figures for the investment, so none of them is reported here. The France page redirects to the Continental Europe page.
Money invested
United StatesInitial commitment of $500K to $1MAntler in the USRead on 2 November 2026
United KingdomNot reported: the page shows two different sets of figuresAntler in the UKRead on 2 November 2026
Stake taken
United StatesNot published on the US pageAntler in the USRead on 2 November 2026
Continental EuropeTypically around 10% equity at a €5m valuation: €100K converting into 8.5% and €100K as an uncapped convertible note with MFNAntler in Continental EuropeRead on 2 November 2026
Fee charged to participants
United StatesNo fee to join the residencyAntler in the USRead on 2 November 2026
Format
United StatesIn person; a select group of operators, builders and founders joins each monthAntler in the USRead on 2 November 2026
Continental EuropeA cohort of about 100 founders, with two tracks (complete teams, or co-founder matching)Antler in Continental EuropeRead on 2 November 2026
Place
United StatesNew York City, San Francisco and Austin officesAntler in the USRead on 2 November 2026
United StatesUp to 3 monthsAntler in the USRead on 2 November 2026
Continental EuropeAbout 6 weeks (complete teams) or about 10 weeks (co-founder matching)Antler in Continental EuropeRead on 2 November 2026
The 26-question grid
Antler is passed through the 26 questions of the Builder Residency Due-Diligence Checklist. 3 have a public answer, 11 are partly answered and 12 are not published on the pages read. A missing answer is a question to put to the program, not a verdict.
Questions in English follow the open checklist v1.0. Answers are summaries of the linked official page, not quotations.
Operator
BRD-01
The legal or responsible operator is named.
Partly published
The privacy policy names Antler Innovation Pte Ltd and its associated companies and gives a registered address in Singapore. Which entity contracts with participants of a given residency is not stated on the pages read.
A monitored contact and escalation route are provided.
Partly published
A data-protection email address and a postal address are published, and a separate page offers a confidential reporting channel. A direct contact for participants is not described on the pages read.
Application status and decision dates are current.
Partly published
The cohort page gives, for each location, a start date or says that intake is rolling. Decision dates are not published on the pages read. See the box "Applications today".
The US page names the cities and says the residency takes place at Antler's offices there. The Europe page names a main hub in Berlin and a launch pad in Amsterdam. Street addresses are not given on these pages.
Room allocation, occupancy and accessibility are described.
Not published
Not published on the pages read, ask the program
BRD-07
Capacity and minimum viable cohort are disclosed.
Partly published
The Europe page gives the size of its cohort (about 100 founders, selected from about 10,000 applicants). A minimum viable cohort and what happens if it is not met are not published.
Insurance expectations and exclusions are explicit.
Not published
Not published on the pages read, ask the program
Safety
BRD-14
Emergency contacts and evacuation procedures exist.
Not published
Not published on the pages read, ask the program
BRD-15
Health, accessibility and accommodation needs have a private route.
Not published
Not published on the pages read, ask the program
Community
BRD-16
House rules cover guests, noise, substances and shared spaces.
Not published
Not published on the pages read, ask the program
BRD-17
Conflict, harassment and removal procedures are defined.
Partly published
A reporting channel exists, with anonymous reporting, confidentiality and a no-retaliation statement. It is described for illegal or unethical circumstances; a harassment procedure and the consequences for participants are not described on the pages read.
Photography and public-content participation require separate agreement.
Not published
Not published on the pages read, ask the program
BRD-19
Confidential projects and intellectual property remain under participant control.
Not published
Not published on the pages read, ask the program
Work
BRD-20
The expected work rhythm and mandatory activities are stated.
Partly published
The US FAQ lists three expectations: come to build, engage in the community, and take the investment process seriously. A list of mandatory sessions and quiet hours is not published.
Selection criteria and conflicts of interest are described.
Partly published
The US FAQ describes the founders Antler backs, and the Europe page says about 2% of applicants are invited. Detailed criteria, reviewers and conflicts of interest are not described on the pages read.
Unresolved questions are listed before payment or travel.
Not published
Not published on the pages read, ask the program
Questions people ask
How much does Antler invest?
United States: Initial commitment of $500K to $1M; Continental Europe: €500K at inception; United Kingdom: Not reported: the page shows two different sets of figures. Source: the official pages read on 2 November 2026.
What share of the company does Antler take?
United States: Not published on the US page; Continental Europe: Typically around 10% equity at a €5m valuation: €100K converting into 8.5% and €100K as an uncapped convertible note with MFN. Source: the official pages read on 2 November 2026.
Does Antler charge participants a fee?
United States: No fee to join the residency. Source: the official pages read on 2 November 2026.
Are applications to Antler open today?
Open, rolling intake. United States, Canada and the Nordics: rolling intake, no deadline. Other locations: fixed start dates, for example Australia on 8 February 2027: open, no deadline listed. Source: the official pages read on 2 November 2026.
Where does Antler take place and for how long?
United States: New York City, San Francisco and Austin offices; Continental Europe: Berlin hub, with a launch pad in Amsterdam; United States: Up to 3 months; Continental Europe: About 6 weeks (complete teams) or about 10 weeks (co-founder matching). Source: the official pages read on 2 November 2026.
Official pages read
All read on 2 November 2026. Facts that are not on these pages are marked as not published.
Crucible CLUB is an independent project presented by IVRYN. It is not affiliated with Antler, is not paid by it and does not endorse it. Crucible CLUB has no confirmed cohort and takes no position on which program to join.