Blackbird Ventures

Blackbird Ventures is an Australian venture capital firm that provides seed and early-stage funding to Australian and New Zealand startups, including Canva, Airwallex, Zoox, and VeVe. It has raised over $1 billion in capital and as of April 2023, manages 5 funds.^[1][2][3]

History

Blackbird Ventures was founded in 2012 by Niki Scevak and Rick Baker, their initial fund was worth AU$30 million.^[4][5]

In November 2022, Blackbird raised the largest Australian venture capital fund worth AU $1 billion.^[6][7]

Their 5th fund included investments from superannuation funds including AustralianSuper, Hostplus, HESTA, Aware Super, and also Australia's sovereign wealth fund, the Australian Government Future Fund.^[8]

Investments

Blackbird Ventures provides capital and advisory services to seed-stage startups and growth-stage companies. It's investments include Canva, Airwallex, Zoox, SafetyCulture, CultureAmp, Redactive AI, and VeVe.^{[9][10][11][12][13]}