Ledger.

General Partner, AirTree Ventures

Kell Reilly

Coverage

Stories naming Kell Reilly. 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.

2 deals

Airtree Ventures closes $650M fund with international backing, fueling ANZ startup growth

Sydney venture firm Airtree has completed the close of its fifth fund at $650 million, drawing backing from US institutional investors and Australian superannuation funds, with allocations set for early and growth stages.

17 deals

2025 state of raising: $1.8 billion in – as late-stage deals boom

Tracxn figures show Australian tech funding reached $1.8 billion by mid-2025, powered by large late-stage rounds at Protecht, Airwallex, Harrison AI and Advancell, while seed and early-stage raising fell away sharply.

Unnamed stage $75m

New $165 million round for SafetyCulture in “tough environment” for fresh funding

SafetyCulture secured $75 million of fresh capital plus $90 million from existing shareholders selling shares, valuing the operations software company at $2.5 billion. Airtree, Blackbird, Morpheus Ventures, Hostplus and HESTA joined the round.

Also Tech Funding News - Australia·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily

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