Australia’s Blackbird raises $173m for third fund
Australian venture capital firm Blackbird Ventures has reached a first close of A$225 million ($173 million) on its third fund - including a commitment from Future Fund, the country's sovereign wealth fund.
Like the firm’s last fund, the new fund is split into two vehicles: a A$100 million core vehicle and a A$125 million follow-on fund. Blackbird co-founder Rick Baker told AVCJ the core fund has already...
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