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      Regional Reports

      The reports review the year's local private equity and venture capital activity and are filled with up-to-date data and intelligence on fundraising, investments, exits and M&A. The regional reports also feature information on key companies.

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AirTree Ventures

recruitment-hr-job-selection-candidate-01
Australia's Employment Hero raises Series F at $1.3b valuation

Australian human resources start-up Employment Hero has achieved a valuation of approximately AUD 2bn (USD 1.3bn) on closing a AUD 263m Series F round led by US-based venture capital firm TCV.

  • Australasia
  • 20 October 2023
cybersecurity-7
Blackbird, Airtree back $18m round for Australia's Darwinium

Blackbird Ventures and Airtree Ventures have participated in a USD 18m Series A round for Darwinium, an Australian digital security start-up that moved its headquarters to the US in April.

  • Australasia
  • 19 October 2023
artificial-intelligence-due-diligence
Generative AI in due diligence: Crunching new numbers

Private equity is rediscovering artificial intelligence as a due diligence tool in the wake of ChatGPT. Data security, legal, and technical risks have curbed uptake somewhat, less so for venture

  • Technology
  • 30 August 2023
satellite-space-orbit
Australia's Airtree leads round for space tech start-up

Australia’s Airtree Ventures has led a AUD 12m (USD 7.7m) Series A round for HEO Robotics, a local space start-up focused on non-Earth imaging.

  • Australasia
  • 23 August 2023
pets-cats
Creature comforts: Why PE likes pet care

Private equity investors have long championed the resilient characteristics of pet care globally. The pandemic helped solidify a similar value proposition in Asia

  • Australasia
  • 19 July 2023
software-developer-computer-code-2
Australia cybersecurity training platform getes $50m Series C

Paladin Capital Group, a US-based specialist investor in cyber solutions and infrastructure, has led a USD 50m Series C for Australia-founded Secure Code Warrior, a security training platform aimed at coders.

  • Australasia
  • 14 July 2023
constantinople-founders
Constantinople raises Australia's largest-ever seed round

Australia’s Square Peg Capital has led a AUD 32m (USD 21.3m) seed round for local banking software provider Constantinople. It is being called the largest-ever seed investment in Australia.

  • Australasia
  • 18 May 2023
milkrun
Australia's Milkrun winds down, founder defends business model

The founder of Australian grocery delivery business Milkrun, which announced that it would shutter last week amid challenging market conditions, has defended the start-up’s business model and claimed that its impact on the industry will be long-lasting.

  • Australasia
  • 17 April 2023
jackie-vullinghs-airtree
Deal focus: Serving the sole trader

Accounting software provider Hnry has built up a following among freelancers and self-employed tradespeople in New Zealand and Australia. A USD 25m Series B will help it look further afield

  • Australasia
  • 07 February 2023
Airtree leads $25m round for New Zealand's Hnry

Australia’s Airtree Ventures has led a NZD 35m (USD 25mm) Series B round for New Zealand small business financial technology provider Hnry.

  • Australasia
  • 01 February 2023
frankieone-chipper-costello
AirTree, Greycroft back Australia's FrankieOne

Australia’s AirTree Ventures and US-based Greycroft have led a AUD 23m (USD 15.5m) investment in Melbourne-based fraud prevention platform FrankieOne, lifting its Series A round to AUD 45.7m.

  • Australasia
  • 01 December 2022
bitcoin-blockchain-infrastructure-cogs
Crypto: Something for everyone?

Traditional VCs are becoming more active in Asia’s blockchain and web3 space, despite structural and philosophical obstacles to participation. Can they withstand the crypto winter?

  • Greater China
  • 15 June 2022
Australia's Go1 raises $100m at $2b valuation

Australia-based workforce training platform Go1 has raised a USD 100m growth round featuring AirTree Ventures and SoftBank Vision Fund 2 at a valuation of USD 2bn.

  • Australasia
  • 07 June 2022
Index, Coatue lead $110m round for Australia's Linktree

Index Ventures and Coatue Management have led a USD 110m round for Linktree, an Australian social media platform that drives audience engagement, at a valuation of USD 1.3bn.

  • Australasia
  • 18 March 2022
nomad-work-remote-laptop-beach
Flexibility first: Investing in the future of work

Investment in work-tech has soared as start-ups devise solutions for workforces that are increasingly distributed in terms of location, structure, and practice. Data, and knowing what to do with it, is key

  • Technology
  • 15 March 2022
john-henderson-airtree
Q&A: AirTree Ventures’ John Henderson

Q&A: AirTree Ventures’ John Henderson DECK Australia-based AirTree Ventures has established a crypto-focused vehicle alongside its latest fund. John Henderson, a partner at the firm, explained how they think about the Web3 opportunity

  • Australasia
  • 09 February 2022
australia-dollar-notes
Australia's AirTree collects $494m for fourth fund

AirTree Ventures has completed the largest-ever venture capital fundraise in Australia and New Zealand, gathering AUD 700m (USD 494m) across three vehicles.

  • Australasia
  • 01 February 2022
Bond leads $43m Series C for Australia's Eucalyptus

Bond, a US-based technology investment firm established by Silicon Valley stalwart Mary Meeker, has led a AUD 60m (USD 43m) Series C round for Australian telehealth platform Eucalyptus.

  • Australasia
  • 27 January 2022
mr-yum
Australia food-ordering start-up raises $63m

Tiger Global Management has led an A$89 million ($63.4 million) Series A round for Australian food-ordering start-up Mr Yum. In the past 12 months, 44% of Australians have used the platform.

  • Australasia
  • 01 December 2021
canva3
Australia's Canva raises $200m at $40b valuation

Australian design and workplace collaboration platform Canva has raised $200 million at a valuation of $40 billion - up from $15 billion five months ago and $3.2 billion in 2019.

  • Australasia
  • 17 September 2021
Australia insurance start-up raises $31m Series B

New Zealand venture capital firm Movac has led a $31 million Series B round for Australian insurance technology provider Open.

  • Australasia
  • 01 September 2021
andrew-barnes
Deal focus: Go1 adds layers to booming HR services niche

Australia’s Go1 gains traction with a B2B approach to a rapidly expanding human resources and workforce management software industry. SoftBank Vision Fund 2 is among the believers

  • Australasia
  • 27 July 2021
employment-hero
Insight leads Series E for Australia's Employment Hero

Insight Partners has led a $140 million Series E round for Australian human resources services start-up Employment Hero at a valuation of $800 million.

  • Australasia
  • 22 July 2021
Australia's Go1 raises $200m Series D at $1b valuation

SoftBank Vision Fund 2, AirTree Ventures, and Salesforce Ventures have led a $200 million Series D round for Australian workforce training start-up Go1 at a valuation of $1 billion.

  • Australasia
  • 21 July 2021
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