Company

AirTrunk

Data centre operator, subject of a major acquisition in Australia

Singapore, OS

Investor	Rounds	Invested
No investors recorded yet. Know one?

Disclosed deals

Every published round AirTrunk 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
No published deals recorded yet.

Portfolio

Companies AirTrunk has backed in a published round, and companies whose existing shares it bought off another holder.

Company	What it does	First invested	Rounds	Led
No portfolio companies recorded yet.

Funds

Fund closes reported for AirTrunk, as distinct from the investments it has made.

Fund	Announced	Committed	Target	Close	Sources
No fund closes recorded for AirTrunk yet.

Portfolio companies acquired

Companies AirTrunk has backed that another company then bought. An exit for the holding, not a deal AirTrunk did.

Company	Bought by	Kind	Announced	Price
No portfolio company of AirTrunk is recorded as having been acquired.

Who bought AirTrunk

The transaction that ended AirTrunk's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.

Bought by	Kind	Announced	Price	Sources
Blackstone	Acquisition	23 Dec 2024	$24b	Forbes Australia (23 Dec 2024), SmartCompany (10 Dec 2024), ARN (ARNnet), SmartCompany (4 Sep 2024), Forbes Australia (4 Sep 2024)

What AirTrunk bought

Companies AirTrunk acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.

Company	Kind	Announced	Price	Sources
Lumina CloudInfra	Acquisition	26 Apr 2026	-	TechCrunch Venture, This Week in Australian Startups

People

Name	Role	Sources
Robin Khuda	CEO · Founder	TechCrunch Venture, Forbes Australia (23 Dec 2024), SmartCompany (10 Dec 2024), ARN (ARNnet), SmartCompany (4 Sep 2024), Forbes Australia (4 Sep 2024)

Coverage

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

15 deals

🇦🇺 This Week in Australian Startups #179, 26th September 2026

Weekly roundup recording a dozen raises and acquisitions, Firmus's scheduled float, a new $50m venture fund, a founder share sale, grant winners, an accelerator intake, and an AI agent's government breach.

This Week in Australian Startups 26 Sep 2026 Amber Electric Auric CodeBreakers Fever Heidi Health HEO Hubblenetwork Kinoxis Therapeutics Medcast OpenDebt Remagine Labs RentBetter Significant Capital Ventures TasTest Zeligate Advanced Navigation Afterpay Airtasker AirTrunk Airwallex Anthropic AUSTRAC Australian Government Australian Signals Directorate Catch CDC Centre Droneshield Elixinol Wellness Ellerston Capital Employment Hero Firmus Technologies Genetic Signatures Innovaero Investment NSW Kongsberg Luxury Escapes Medicare Microba Morgan Stanley National Transport Solutions Nearmap News Corp NSW Government Ofload OpenAI ParaScript Ramp South Australian Government Spark Stakk Limited Telix Pharmaceuticals Telstra The U Group Thoma Bravo University of Canberra University of Newcastle Victoria Vitable 1GT AirTree Ventures Angel Investors Antler Australia Athletic Ventures Avicella Capital Baillie Gifford Beaten Zone Venture Partners Best Practice Blackbird Ventures Carthona Capital CSIRO DCode Capital Deepwater Dumm Capital E.ON EQT ETF Partners EVP General Catalyst Headline Innovation Victoria Main Sequence Ventures Medical Research Future Fund Monash University NRF Corporation Paspalis Phoenix Court Point72 Salus Ventures Scalare Partners Stoic Venture Capital Ten13 Uniseed UniSuper University of Sydney UNSW Greg Boorer Pat Cummins Sam Kerr Albanese Anoulack Chanthivong Gabby Leibovich Hezi Leibovich Jack Zhang Jonathan Lui

Also Dynamic Business·DealStreetAsia·This Week in Australian Startups·Dealroom·ABC News Technology

Unnamed stage

Macquarie's Future Secure AI nears pre-IPO raise at $1.8b valuation

Future Secure AI's pre-listing round, led by Robin Khuda, Square Peg, Yarra Capital, Firetrail and Macquarie Asset Management, is nearing completion, with notes converting at a US$1.3 billion ceiling before an ASX float.

AFR Technology 13 Sep 2026 Future Secure AI AirTrunk JP Morgan Macquarie Capital Morgans Firetrail Investments Macquarie Asset Management Square Peg Capital Yarra Capital Management Robin Khuda Dion Hershan Paul Bassat

Funding announcement

🇦🇺 This Week in Australian Startups #158, 26th April 2026

Weekly roundup noting AirTrunk's completed purchase of India-based Lumina CloudInfra, alongside items on Heidi Health's ARR milestone, Techboard's analysis of unannounced 2025 funding rounds, and Microsoft's planned Australian AI investment.

This Week in Australian Startups 26 Apr 2026 AirTrunk Heidi Health Lumina CloudInfra Microsoft

Also TechCrunch Australia

Exit / M&A

Australia's AI Moment: Build, Lead, or Fall Behind

Galileo Ventures argues Australia risks missing the AI revolution, proposes a five-pillar national investment strategy, and announces Fund II to back AI founders, citing its Fund I portfolio and Airtrunk's sale as evidence.

Galileo Ventures portfolio 24 Apr 2025 AirTrunk Andromeda Apple BuildAI Canva Galileo Ventures Microsoft Nvidia Relevance AI RelevanceAI Sequoia TrueState Waymo

Exit / M&A

AirTrunk's $23 billion sale buoys the South Asian Australian startup community

Data centre company AirTrunk's multi-billion-dollar sale to Blackstone and a Canadian pension board is celebrated by founders of South Asian heritage, who see Robin Khuda's journey as inspiration for Australia's startup ecosystem.

SmartCompany 4 Sep 2024 AirTrunk Blackstone Canada Pension Plan Investment Board Canva Evacovation Inaam Jumpstart Studio Khuda Family Foundation Macquarie Group Manchester Business School SAARI Collective University of Technology Sydney Arjun Agarwal Melanie Perkins Rashid Khan Robin Khuda Sandeep Varma Sangeeta Mulchandani

Also Forbes Australia·ARN (ARNnet)·SmartCompany·Forbes Australia

Funding announcement

Confirmed: AirTrunk acquired by Blackstone in $24 billion deal

Blackstone, joined by Canada's pension fund, has acquired data centre operator AirTrunk in its largest Asia-Pacific investment, valuing the company at $24 billion; the piece also recalls Macquarie's earlier backing.

Forbes Australia 4 Sep 2024 AirTrunk Blackstone Canada Pension Plan Investment Board Crown Resorts Macquarie Group Jon Gray Nadeem Meghji Robin Khuda Sean Klimczak

2 deals

Macquarie Asset Management Hits Final Close for $1.9B Opportunistic Property Fund

Macquarie Asset Management has wrapped up its second opportunistic property vehicle, MREP, at $1.9 billion in commitments; the story also recaps the manager's earlier property investments across Asia, Europe and the US.

mingtiandi.com 25 Jun 2024 Macquarie Asset Management AirTrunk Edge Goodstone Living LaTerra Storage Local Residential Logistics Property Company Macquarie Group Macquarie Infrastructure and Real Assets Macquarie Real Estate Partners Unified Industrial Winton Eric Wurtzebach

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