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Judge, Forbes Australia · angel in 1 deal

Craig Blair

Coverage

Stories naming Craig Blair. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

3 deals

The pet food startup behind the dog poo ad Netflix banned scoops up $67 million Series C

Pet food subscription company Lyka has closed a $67 million Series C led by New York fund LGVP, which backed its earlier raises, lifting the startup's lifetime funding to $155 million.

Also SmartCompany·Startup Daily

Fund close $650m

Airtree's Fund V: $650m to back Aussie and Kiwi founders from idea to global household name

AirTree closes its $650m Fund V across seed and growth vehicles, backed mostly by international institutional capital, and promotes three early-career investors to Principal.

2 deals

Airtree Launches $650m Fund V, With Global Investors Backing ANZ Tech Ambitions

Airtree has launched Fund V, a $650 million pool divided into seed and growth sleeves and backed largely by global institutions, while promoting three investors, among them Perth-raised Dan Coughlan.

Also techpinions.com·Dealroom

Fund close $1.5m

Gen Z VC fund NextGen Ventures scores Blackbird cofounders as investors in $2.5 million fund build

Student-run venture fund NextGen Ventures has locked in $1.5 million toward a $2.5 million target, backed by Blackbird's cofounders, Airtree and angel investors, and has already invested in AI startup Fluency.

Unnamed stage $2.3m

AI-based conversation analysis startup raises $2.3 million for sales insights solution

Twine has raised $2.3 million in an Airtree-led round with three angel backers. The startup analyses business conversations to give sales and product teams actionable insight and plans to grow its AI features.

Also SmartCompany

2 deals

Lyka raises $30 million in monster Series B round as more Australians serve up premium chow for furry friends

Pet food subscription startup Lyka closed a $30 million Series B led by Israeli investor Itai Tsiddon, with Craig Blair and Paul Wilson returning; the article also recalls its 2018 raise and Adobe's Frame.io acquisition.

Also SmartCompany·Techboard·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Business News Australia

Funding announcement

AirTree joins leading VCs Square Peg and Blackbird in cutting Canva's valuation by a third

Australian venture firms Airtree, Square Peg and Blackbird have written down their Canva stakes, valuing the design company well below its last raise, amid wider market corrections hitting Klarna and other late-stage startups.

2 deals

Go1 nabs $100M at a $2B+ valuation to upgrade its curated enterprise learning platform

Also Crunchbase News·TechCrunch Venture·SmartCompany·Startup Daily·Tech Funding News - Australia·Techboard·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·edtechchronicle.com·go1.com·Crunchbase News·TechCrunch Venture

2 deals

AirTree launches three new funds totaling $700M AUD

Sydney venture firm AirTree has raised A$700 million across three vehicles — an early-stage fund, a web3 fund and a growth fund — with superannuation funds as backers. Its portfolio includes Canva, Linktree and Immutable.

Also Startup Daily·TechCrunch Venture·Startup Daily·Startup Daily·Startup Daily

12 deals

Pets, cars and cybersecurity: 10 Aussie startups that raised a combined $372 million this week

A weekly roundup reporting ten Australian startups that together raised about $372 million, spanning pet e-commerce, marketplace software, fintech, used cars, cybersecurity, freight, data tools, genetic testing and payments anti-fraud.

Also SmartCompany·Startup Daily·Techboard

News

“You get your time in the sun”: AirTree founder Daniel Petre to step back from day-to-day operations at the firm

Veteran venture capitalist Daniel Petre will withdraw from daily duties at the firm he co-founded in 2014, moving toward a chair role, while discussing ecosystem maturity, a future fund and philanthropy among Australia's newly wealthy.

3 deals

Sydney’s AirTree Ventures closes $275M fund as Aussie unicorns gather pace

AirTree Ventures closes a $275 million third fund backed by Australian institutions and announces staff moves; the piece also recalls Canva's raise, Prospa's ASX listing and :Different's new round.

Also Startup Daily·StrictlyVC·AFR Technology·TechCrunch Venture

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