Blackbird’s billion-dollar bet on founders
Australasian venture-capital heavyweight Blackbird has closed a record $1.25 billion sixth fund – and its New Zealand general partner Phoebe Harrop Meadows says Kiwi companies are central to its investment strategy.
The fund, described by Blackbird as the largest venture-capital raise in ANZ history, underscores the firm’s rise from a small Australian startup investor into one of the region’s most consequential backers of technology companies.
Having backed the likes of Canva, Halter, Marloo, and Partly, Blackbird has structured the new fund into two roughly equal pools…
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