Ledger. Australian venture funding, tracked

Company

Adams Street Partners

Chicago, OS

Coverage

Stories naming Adams Street Partners. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Funding announcement

🇦🇺 This Week in Australian Startups #176, 30th August 2026

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.

7 deals

Blackbird nails 2nd $1 billion fund

Blackbird has locked in a second billion-dollar fund — its sixth, slightly bigger than the last — bringing in new institutional backers, and the article recalls portfolio wins, writedowns and failures.

Also Business News Australia

Fund close $1b

A billion reasons to invest right at the very beginning

Blackbird announces its new early-stage and growth funds have brought in A$1.05 billion, reflecting on early cheques, portfolio outcomes like Eucalyptus's sale, and new international backers.

Also Dealroom·Dealroom·AFR Technology·Startup Daily·Business News Australia·Forbes Australia·Forbes Australia

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.

Fund close $104m

VC Airtree brings in new US investors for fifth fund with $650 million target

Airtree Ventures has reached a first close on its fifth fund, drawing commitments from three US institutions plus returning local super funds, against a $650 million target.

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