Blackbird

Blackbird raises Australia’s largest venture capital fund at over $640M

Australian venture capital firm Blackbird said Wednesday it has raised Australia’s largest venture capital fund at just over AUD$1 billion ($640 million) in committed capital. The fund, consisting of a AUD$284 million ($180.77 million) core fund, AUD$668 million ($425.2 million) follow-on fund and NZ$75 million ($43.76 million) dedicated New Zealand fund.