Co-founder and Partner Emeritus, AirTree Ventures · angel in 3 deals
Every published round Daniel Petre took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Kismet | Pre-seed | May 2023 | $4m | Participant | SmartCompany (Tue 17 Sep 2024), SmartCompany (Thu 7 Mar 2024), SmartCompany (Wed 6 Mar 2024), Startup Daily, Forbes Australia, SmartCompany (Thu 18 May 2023) | |
| Psylo | Unnamed stage | 1 Oct 2021 | $1.1m | Participant | Startup Daily (Tue 4 Jun 2024), Startup Daily (Thu 27 Oct 2022), Startup Daily (Fri 1 Oct 2021) | |
| Canva | Unnamed stage | 21 May 2019 | $101m | Participant | SmartCompany (Mon 28 Aug 2023), SmartCompany (Tue 23 Jun 2020), SmartCompany (Tue 17 Dec 2019), SmartCompany (Thu 17 Oct 2019), Startup Daily (Thu 17 Oct 2019), SmartCompany (Tue 21 May 2019), Startup Daily (Tue 21 May 2019), Startup Daily (Mon 20 May 2019), TechCrunch Venture |
Companies Daniel Petre has backed in a published round, and companies whose existing shares it bought off another holder.
This is a stake in the fund itself, money that the fund's manager invests, not a stake in the fund manager.
| Fund | Manager | Sources |
|---|---|---|
| 2014 first fund | AirTree Ventures | - |
Companies Daniel Petre has backed that another company then bought. An exit for the holding, not a deal Daniel Petre did.
Stories naming Daniel Petre. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Weekly roundup: Blackbird confirms a record fund close and Galileo reaches a first close, Genesis merges with Proudi, IREN secures massive debt, and several startups report raises, grants and program wins.
SmartCompany reports HotDoc, a platform for booking GP appointments, has sold a majority stake to private equity buyer Potentia; the price was not disclosed, with Airtree and Acclivis Group among remaining owners.
Also Startup Daily
Athletic Ventures, started by former athletes, has closed its debut fund at $25 million, with about 100 sports stars and several veteran venture figures backing it as limited partners.
Industry minister Ed Husic told a Tech Council summit the National Reconstruction Fund is close to its first investments after asking for a $300m drawdown; the piece recaps federal tech funding moves including PsiQuantum's.
Psylo, a Sydney maker of psychedelic therapies, has landed a US$8 million seed round led by Tenmile while moving to the US; earlier raises in 2022 and 2021 are recalled.
Roundup of the week's funding news: nine companies across Australia and New Zealand secured investment spanning clean energy, construction logistics, legal tech, coaching, research tools, creator media, medtech and marketing software.
Also Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·LaunchVic
Main Sequence, CSIRO's deep tech venture fund, adds Cochlear chair Alison Deans as a venture partner, extending her investment committee service since 2017; its third fund brought in $450 million in July.
Profiles three founders: Kismet's Mark Woodland ($4m pre-seed for disability-services software), Forage's Tom Brumskill and Pasha Rayan (job-simulation platform, Series A and B), and Diolog's Amy Benson (self-funded investor-communications startup planning a seed round).
Weekly roundup of seven Australian and New Zealand startup raises, headlined by a previously unreported $32 million seed for banking software venture Constantinople, plus new rounds for six other companies.
Also Startup Daily·Startup Daily·Techboard·Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·AgFunderNews·Startup News (WA)·Forbes Australia·AgFunderNews
Sydney psychedelic biotech Psylo has banked a $5 million seed round led by CSIRO's Main Sequence Ventures, its second raise since emerging from Startmate, to advance a fast-acting psilocybin therapy toward clinical trials.
Weekly tech wrap: cloud-market trends, Tiger Global's cheques into Stake, Shippit and Carma, new VC funds, several acquisitions, grocery delivery startups Send and Quicko collapsing, and Elaine Stead joining M8 Ventures.
Also Startup Daily
Sydney psychedelic biotech Psylo has raised $1.1 million in a round led by Possible Ventures, with angel Daniel Petre also backing it, to develop shorter-acting psilocybin-inspired mental health medicines.
Sydney early-stage investor Jelix Ventures has pulled together $15 million for a new fund from prominent tech founders and executives, has already backed three startups, and plans a further raise before year's end.
Also Women's Agenda
Melbourne workforce management firm Ento raised a $5 million Series B led by Perennial Value Management with AirTree Ventures participating, to grow its team and expand; AirTree had earlier backed a $1.2 million raise in 2015.
Also SmartCompany
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.
An interview with Expert360 co-founder Bridget Loudon arguing startups should use contractors and freelancers for flexible roles, recalling the platform's 2017 Series B raise and a board appointment.
Canva has bought stock photo sites Pexels and Pixabay and launched a photography subscription, with a report saying the Sydney design company has just completed a new round that could value it at US$2.5 billion.
Also TechCrunch Venture·Startup Daily·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany