Australian VC Blackbird raises $752m from Asian investors
Blackbird, a venture capital firm based in Australia, has raised 752 million dollars from backers across Asia; only the headline is visible, as the body sits behind registration.
Every round, fund close and exit we can source, with the article it was reported in and what it actually said.
Blackbird, a venture capital firm based in Australia, has raised 752 million dollars from backers across Asia; only the headline is visible, as the body sits behind registration.
Acrux has hired Dr Jolanta Airey as chief medical officer, adding clinical leadership as the company prepares late-stage trials in the United States for its women's testosterone therapy.
Avecho Biotechnology brings in a former CSL dealmaking executive as a consultant to help license its Phase 3 CBD insomnia capsule internationally.
Morgan Stanley and Schroders have committed money to Blackbird Ventures' new $1b fund; the piece also recalls Airtree's $650m fifth fund drawing US institutional backing last year.
A former navy sailor created fire-resistant menstrual underwear for frontline workers, with a $200,000 New South Wales government grant funding a second generation and trials upcoming with Australian fire services.
Tesla has reportedly dropped its Solar Roof tiles as financially unviable and will supply only conventional panels; the piece also recalls Australian startup Volt raising funds in 2024 for a competing product.
Also RenewEconomy
Working capital provider BiiGGA adds two business development managers covering Queensland and South Australia while streamlining broker submissions and pricing amid growing demand.
Dog cancer vaccine startup Gamgee has raised $4 million in seed funding led by Founders Fund with Y Combinator, to speed clinical trials and product development for its AI-personalised canine vaccines.
Also trysignalbase.com
Forbes Australia reports Xero's board lifted CEO Sukhinder Singh Cassidy's potential pay to US$18.5 million, mostly equity vesting over three years, and now requires her to hold shares worth five times her salary.
Street Talk reports buyout firm Pemba Capital Partners has struck a deal for a controlling interest in Melbourne-based advice firm Hewison Private Wealth, which oversees $3 billion for clients.
Courier firm Direct Couriers has bought Queensland transport business Phoenix Transport, with staff and depots transferring, to widen its national reach; price undisclosed.
Ashurst Perkins Coie acted for Amwins on its proposed A$8 billion consortium buyout of ASX-listed Steadfast, under which Amwins would take the underwriting agencies and KKR and Dragoneer the retail broking arm.
University of Queensland researchers, funded by an Australian grant and working with cultivated-meat firm Magic Valley, found microalgae grown on production waste can recycle nutrients and sharply cut the cost of growing meat cells.
Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.
Artesian writes that Galileo Ventures' second fund has closed $15 million of a $30 million target, counting Artesian and Innovation Victoria among its backers, and has made a first investment in Fluent BCI.
Also Galileo Ventures portfolio·Dealroom·Startup Daily·Startup Daily·Startup Daily·Dealroom
Galileo Ventures has closed the first half of its second fund at $15 million, targeting $30 million, with Innovation Victoria a cornerstone backer; the fund's first cheque went to brain-interface startup Fluent BCI.
Street Talk reports Thoma Bravo has emerged as frontrunner to buy into Tanda, valuing the HR and payroll software firm near $800 million after a contested auction run by Barrenjoey; signing is expected soon.
An AFR managed-funds topic page: a star small-caps deputy goes solo with a new Sydney firm, Gigacomm buys rival DGtek, Google plans a multibillion-dollar domestic bond, plus fund manager and market stories.
Alliance Aviation Services, an airline services company backed by Qantas, is preparing to approach shareholders for fresh equity to repair a stretched balance sheet through a rescue recapitalisation.
Stone Point Capital has bought Kessler Financial Services Australia from ECN Capital, moving the financial services and advisory business into private equity ownership.
Profile tracing how Jane Lu left corporate finance to build Showpo, an Australian fashion e-commerce brand, largely without venture capital, using social media, influencers and community to reach customers.
Nineteen-year-old founder Sam Rogers' Australian venture Brumby has banked A$1.2 million at seed stage to build autonomous drones that herd, count and monitor cattle across large stations.
A monthly Crunchbase roundup of five lesser-known AI funding deals: Greyparrot's Series B, Emesent's equity-plus-debt package, SoundHealth's Series A, Forge Industries' round and Cascade's seed raise.
EQT Holdings faces a potential bidding war as BGH Capital's higher cash offer for the trustee group tops TPG Global's bid from days earlier; both proposals remain conditional and non-binding.
Live entertainment and ticketing group TEG has promoted Karen Chapple to an expanded customer and product leadership role and hired Cameron Curtis, previously at News Corp Australia, into a new marketing and data position.
Roundup of seven raises across the Tasman spanning fintech, marine tech, agtech, defence and AI, plus a first close for an ACT venture fund.
The Australian government is lifting its industry-policy focus on space; the National Reconstruction Fund has already put $200 million into local space companies, among them Gilmour Space Technologies and Southern Launch.
CRDC marks Allan Williams' 2026 industry service award with a career retrospective, covering his decades across cotton research bodies and his recent departure as the corporation's executive director.
Steadfast Group has agreed to a cash takeover at AUD 6.00 a share, valuing it near AUD 7.7 billion on an enterprise basis, with its underwriting agency arm set to pass to Amwins.
Insurance broker Steadfast is set for an A$7.7 billion take-private by a KKR-backed consortium, with Amwins and Dragoneer taking its two businesses, amid a wider Australian public-to-private wave.
SCX.ai's shares fell up to 30 per cent in their first ASX days after the cloud computing firm raised $40 million, with Ellerston Capital, Frazis Capital Partners and Wilson Asset Management anchoring the offer.
Also ARN (ARNnet)·ARN (ARNnet)
Australian banking-tech firm Constantinople has closed a large Series B co-led by returning backers, per Dealroom; the piece recalls its earlier seed and Series A and highlights a client bank's full platform migration.
Insurance broker Steadfast Group is headed for delisting after an unnamed three-party consortium confirmed a $7.7 billion takeover offer following a due-diligence period, Street Talk reports.
Capital Brief's roundup: superannuation policy plans, a NSW data centre planning dispute, KPMG resisting a break-up, Stripe and Canva leaders on AI, Stripe's local Treasury push, and Culture Amp's data policy change.
Melbourne GRC startup CyberHeed has released Live Integrations, which continuously pulls configuration signals from tools like GitHub and Microsoft products to assess compliance controls in context, extending its SmartPrep capability.
Proud Poppy Clothing entered voluntary administration in early August; administrators Hall Chadwick have since shut another store while the womenswear label keeps trading, with pop-up shops planned for Canberra and Adelaide.
Talent and influencer agency Click is broadening past gaming into new categories, appointing Gianni Borrelli and promoting Tilly Barker, under a year after GameSquare acquired it.
Defence Trailblazer showcases its researchers, ventures and projects at an Adelaide defence summit, citing over $140 million in industry support, as it prepares to hand over to AUSDII.
Beaten Zone Venture Partners announces Fund 1 joined Activate Capital and UNSW in a seed round for Seitec, a Canberra defence startup whose seismic sensors find unexploded ordnance and hidden drones.
Also Dealroom·Business News Australia·Defence Connect·Startup Daily
Worldwide private equity firm Advent is acquiring a controlling stake in clinical research group NZCR Group; financial terms stay secret, and existing shareholders keep a sizeable minority holding.
Roundup of agrifood industry news: funding for Farmbot, Nbryo, Oceanloop and others, Homestead Capital's fund close, two acquisitions, executive appointments, and other sector developments.
Seitec, a Canberra defence technology maker, has landed a $4 million round with ACTivate Capital leading and Beaten Zone Venture Partners and UNSW participating, funding overseas expansion, product development and hiring.
Also Startup Daily
Farm-investment platform IIF has raised a fresh round with Verdex Capital leading and AgFunder and Investible also taking part, as it prepares to launch in Canada.
Also AgFunderNews
India's biggest PR firm has bought a majority holding in Australian communications consultancy SenateSHJ, its first purchase outside India; terms undisclosed, with the target keeping its brand, teams and leadership.
Advent International is to take a majority holding in trans-Tasman clinical trials operator NZCR, whose existing backers, among them Waterman Capital, will keep a minority position, with a fourth-quarter close anticipated.
Also adventinternational.com·nzcr.co.nz·biospectrumasia.com·healthcaredealflow.com
Australian security-workforce software firm Guardhouse has bought US patrol-verification company Mobohubb, with growth-equity backer Sundance Growth — whose first fund closed at US$125 million last year — supporting the deal.
A $4 million round for Canberra defence sensing firm Seitec is led by ACTivate Capital with UNSW and Beaten Zone co-investing; the ACT Government-backed fund earlier closed $23 million of a possible $50 million.
A Queensland livestock-reproduction startup has grown its seed round to $20 million, drawing $2 million from a newly launched state government fund whose manager had already backed the company.
Short-term rental manager Hometime has hired Alison Walsh, previously CMO at Chatime Australia and a 17-year Guzman y Gomez veteran, as its chief marketing officer, reporting to co-founder and CEO Billy Crock.
ASX-listed lender Beforepay reports passing two million registered users as it expands from Pay Advance into personal loans, with CEO Jamie Twiss calling the milestone a sign of momentum for broader ambitions.