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.
Startup · $16m raised · AI · Robotics
Building the deployment layer for the physical AI revolution
Sydney, NSW
Every investor coverage indicates participated in a round Alloy Technologies raised.
| Investor | Rounds | Invested |
|---|---|---|
| Xtal Ventures | Pre-seed | - |
| Tesla | Seed | - |
| Square Peg Capital | Seed | - |
| Skip Capital | Seed · Pre-seed | - |
| OpenAI | Seed | - |
| Eucalyptus | Pre-seed | - |
| Blackbird Ventures | Seed · Pre-seed | - |
| Anthropic | Seed | - |
| AirTree Ventures | Seed · Pre-seed | - |
Companies Alloy Technologies acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Joe Harris | Former Eucalyptus CCO | SmartCompany, Startup Daily |
| Joe Harris | CEO (former) · Founder | Startup Daily (27 Sep 2025), Startup Daily (24 Sep 2025), Forbes Australia, Blackbird Ventures |
Stories naming Alloy Technologies. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
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.
Australian startups raised funds including Alloy Robotics, Farmbot and Atmo Biosciences. Firmus Technologies acquired Benmax while Tabcorp bought BetMakers. SafetyCulture rebranded to Mitti.
Eight Australian and New Zealand startups secured a combined $67.4 million in funding across various sectors including agtech, medtech, robotics, and fintech.
Robot data analysis startup Alloy Robotics has raised $11.5 million in a seed round led by Square Peg, with Blackbird and Airtree participating, less than a year after a $4.5 million pre-seed.
Also SmartCompany
Blackbird's investment note announces it led Alloy Technologies' $4.5 million pre-seed round, profiling founder Joe Harris and describing the startup's software for robotics companies deploying artificial intelligence.
Also Forbes Australia·Startup Daily·Startup Daily·Startup Daily