Australia VC player Blackbird closes $647m fund
Blackbird Ventures has raised AUD 1bn (USD 647m) for its latest fund, which will invest in “generational” technology companies in Australia and New Zealand. It is the largest ever VC fund raised by an Australia-based manager.
The fund comprises three separate pools of capital: a core fund of AUD 284m, a AUD 668m follow-on vehicle that will participate in growth rounds for existing portfolio companies, and a NZD 275m (USD 163m)...
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