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CEO & Partner, AirTree Ventures · angel in 1 deal

Elicia McDonald

Coverage

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

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.

Seed $8.2m

Dutch VC invests in Kismet's $8.2M round to connect caregivers, health insurance and care providers

Kismet, an Australian startup linking caregivers, insurers and care providers, raised $8.2 million in seed funding led by Prosus Ventures with Airtree Ventures, lifting its total raised to $10.8 million.

Also Startup Daily·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Early VC·Forbes Australia

3 deals

Three Aussie entrepreneurs to watch

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).

Also Blackbird Ventures portfolio·Startup Daily

6 deals

Alberts Impact Ventures year in review

Alberts Impact Ventures recaps 2022: six new portfolio companies, five follow-on investments, a led seed round in Abby Health, plus team events, a trade mission and investor recognition.

Also RenewEconomy·SmartCompany·Techboard·Startup Daily·Startup Daily·Startup Daily·SmartCompany·RenewEconomy

Seed $10.2m

Human books $10.15 million for new approach to chronic illness care, secures largest-ever funding round for Australian female founding team

Health tech startup Human closed a seed round led by Airtree Ventures with Skip Capital participating, which the founders say is the largest raise by an all-Australian female founding team.

Also Startup Daily·Women's Agenda·Cut Through Venture·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Forbes Australia·Women's Agenda·Forbes Australia

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

News

Australian founders are backing a local chapter of US angel VC The Fund as it launches locally

US angel VC The Fund launches an Australia and New Zealand chapter, backed by local founder limited partners, with a four-person investment committee intending to back around 40 early-stage startups over two years.

News

Kate Morris and Alex Zaccaria among Aussie entrepreneurs clubbing together to invest in early-stage startups

Australian founders and operators including Kate Morris and Alex Zaccaria have launched the local arm of angel group The Fund, targeting seed and pre-seed deals, with an aim to raise about US$3.5 million.

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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