Blackbird Aotearoa lucky to get $75m funding

Blackbird Aotearoa lucky to get $75m funding
Blackbird partner Samantha Wong (right) said it was an "exciting time to be investing in early-stage technology companies". (Photo: Blackbird)
Dan Brunskill
Blackbird Aotearoa says it was fortunate to have raised $75 million, as part of a billion-dollar parent fund, before the slow-down in capital markets was fully felt. The Australasian venture capital firm has raised a record AU$1 billion ($1.09b) fund, building off the success of its more than AU$5b portfolio, which features Canva, SafetyCulture, Halter and Zoox.In 2019, Blackbird established a dedicated $60m New Zealand fund and opened an Auckland office led by Samantha Wong.With that capital now deployed into companies such as Energy Bank...

More Markets

NZ sharemarket claws back to end the week up 0.5%
Markets Market close

NZ sharemarket claws back to end the week up 0.5%

Index rumours drive prices on two shares. 

Graham Skellern 13 Dec 2024
Staff leave Meridian after retail 'reset'
Markets

Staff leave Meridian after retail 'reset'

Expect a very different approach from Meridian in 2025, executive says.

John Anthony 13 Dec 2024
NZX, NZSA want level playing field in climate reporting
Markets

NZX, NZSA want level playing field in climate reporting

Climate reporting liabilities for company directors could soon be eased.

Greg Hurrell 13 Dec 2024
Cannasouth delisting keeps Petterson in charge
Markets

Cannasouth delisting keeps Petterson in charge

Cannasouth major shareholders pushed to end voluntary administration they had called in.

Garth Bray 13 Dec 2024