Venture capital fund · 5 deals
New York, OS
Every published round KKR 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 |
|---|---|---|---|---|---|---|
| Advanced Navigation | Series C | 4 Aug 2026 | $158m | Participant | Forbes Australia, SmartCompany (28 Apr 2026), SmartCompany (20 Mar 2026), Tech Funding News - Australia, Startup Daily, Dealroom, SmartCompany (18 Mar 2026), AirTree Ventures portfolio, Main Sequence Ventures portfolio, OIF Ventures portfolio | |
| HMC Capital | Unnamed stage | 2026 | $603m | Lead | RenewEconomy (30 Jun 2026), RenewEconomy (30 Jun 2026), RenewEconomy (9 Feb 2026), RenewEconomy (9 Feb 2026) | |
| CleanPeak | Unnamed stage | Jul 2025 | $550m | Lead | RenewEconomy (17 Apr 2026), RenewEconomy (28 Jul 2025) | |
| Advanced Navigation | Series B | 17 Nov 2022 | $108m | Lead | Forbes Australia, SmartCompany (15 Dec 2022), Techboard, Startup Daily, SmartCompany (18 Nov 2022), @AuManufacturing, Our Innovation Fund | |
| Advanced Navigation | undisclosed | 2022 | $108m | Lead | TechCrunch Venture, Our Innovation Fund |
Companies KKR has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| HMC Capital | 2026 | 1 | 1 | |
| CleanPeak | Distributed commercial and industrial energy infrastructure company backed by KKR | Jul 2025 | 1 | 1 |
| Advanced Navigation | Navigation technology company using AI, robotics and sensing for GPS-independent position… | 2022, undisclosed | 3 | 2 |
Fund closes reported for KKR, as distinct from the investments it has made.
Companies KKR has backed that another company then bought. An exit for the holding, not a deal KKR did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| No portfolio company of KKR is recorded as having been acquired. | ||||
Companies KKR 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 |
|---|---|---|---|---|
| MYOB | Acquisition | 2019 | $1.6b | Startup Daily (15 Sep 2022), Startup Daily (25 Jul 2022) |
| Name | Role | Sources |
|---|---|---|
| David Petraeus | Chairman | Startup Daily |
| Louis Casey | Growth Technology Lead | Startup Daily |
| Louis Casey | Growth Technology Lead in Australia, New Zealand and South-East Asia (former) | Our Innovation Fund |
| Mukul Chawla | Partner and Head of Growth Equity for the Asia Pacific Region | Startup Daily (18 Feb 2025), Startup Daily (21 Nov 2022), Our Innovation Fund |
| Neil Arora | Head of Climate Transition Strategy for Asia Pacific | RenewEconomy (9 Feb 2026), RenewEconomy (9 Feb 2026) |
| Vance Serchuk | Executive Director | Startup Daily |
Stories naming KKR. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Ashurst Perkins Coie acted for Amwins on its proposed A$8 billion consortium buyout of ASX-listed Steadfast, under which Amwins would take the underwriting agencies and KKR and Dragoneer the retail broking arm.
Steadfast has agreed to a takeover by a Dragoneer- and KKR-backed consortium valuing it near A$7.7 billion, with Amwins Australasia set to take its underwriting unit and the bidders keeping the broking operation.
Insurance broker Steadfast is set for an A$7.7 billion take-private by a KKR-backed consortium, with Amwins and Dragoneer taking its two businesses, amid a wider Australian public-to-private wave.
KKR has mandated Rothschild & Co to find a buyer for Drifter, a boutique hostel and hotel operator, in a sale process that could deliver upwards of $500 million.
Street Talk roundup: Tasman Capital's new fund reaches first close, EQT buys control of an NRL club, KKR eyes a Drifter exit, PAG dealmakers jump to Jardine Matheson, Colter Bay lands a debut loan.
About page for waste solutions company Jerrara Environmental profiling its holdings and operating boards, with biographies recalling sector transactions including Cleanaway's sale to KKR and later acquisition by Transpacific.
RealtyWire's earnings report on Brookfield Asset Management's record second-quarter capital raising, higher fees and dividend, noting its pending LXP Industrial Trust purchase, completed Oaktree buyout, and energy partnerships.
A consortium of Amwins, Dragoneer and KKR is moving toward a binding agreement to acquire Steadfast after completing most due diligence, valuing the insurance broker at $7.7 billion; two senior executives have left.
Thermal storage company MGA Thermal hires a former Shell Energy Australia executive as its commercial chief, with the appointment underpinned by a $17 million raise made earlier in the year.
Also Startup Daily
Australia's AgriWebb, a livestock management software maker, is being bought by cattle genetics company URUS. Cofounder Justin Webb discusses the deal and a wider move toward integrated, data-driven farm systems.
Sydney-based CleanPeak Energy has agreed to buy Sustainable Energy Infrastructure's 27-project portfolio of solar and battery assets; the piece also recalls KKR's $550 million backing and CleanPeak's earlier purchase of Photon Energy's Australian assets.
Seek's venture arm has begun selling its remaining stake in Employment Hero, a year after a $95 million partial sale to KKR, following the recent resolution of their Federal Court dispute over API access.
SEEK's venture arm has begun a sale process for its remaining Employment Hero stake, following a $95 million partial sale to KKR and a resolved Federal Court dispute over API access.
KKR will invest up to $603 million in HMC Capital's energy transition arm, funding its first big battery, after HMC bought Neoen's Victorian assets and battery developer Stor-Energy.
Also RenewEconomy
HMC Capital has landed KKR backing of up to $603 million for its new energy platform, unlocking its first grid battery and a multi-gigawatt project pipeline.
Investible's climate tech arm explains its seed investment in Hachiko, a software platform for commercial and industrial batteries, citing distributed storage growth and the founder's energy-trading background.
Business Times reports Hillhouse has begun seeking US$7 billion for its sixth private equity fund as Asia-Pacific dealmaking and fundraising pick up, with KKR and Blackstone also raising and past Hillhouse buyouts recapped.
KKR has begun marketing its fifth Asia-focused buyout fund, targeting US$15 billion; the piece also recalls the 2021 close of its fourth regional fund and recent stake sales in LOGISTEED, Seiyu and JB Chemicals.
Global investment firm KKR is committing $500 million to Sydney-based CleanPeak Energy to expand commercial and industrial solar, storage and microgrid projects, marking the firm's climate strategy's first Asia-Pacific investment.
Also RenewEconomy
Roundup of travel-sector dealmaking: KKR invests in Etraveli at a reported $3.1 billion valuation, Airalo, TravelPerk and Klook raise big rounds, and SevenRooms and MadeComfy are acquired.
Employment Hero has begun Federal Court action against backer Seek to halt its job-listing API shutdown; the piece recalls Seek's 2018 investment and KKR's $95 million stake purchase.
US investment firm KKR has agreed to buy Zenith Energy, an Australian specialist in off-grid renewable power for mines, in a transaction reported at over A$2 billion following a bidding contest.
Seek is selling part of its Employment Hero holding to KKR for $95m, implying a $2.2bn valuation; the article also recalls the HR startup's Series F and its buyouts of Humi and Employment Innovations.
Vitruvian Partners has gathered €7.3 billion for its VIP V vehicle, beating its target, with pension commitments from CalPERS and CalSTRS and a quarter of the capital already put to work.
Ontario Teachers' Pension Plan is taking majority ownership of GreenCollar by buying KKR's 49 per cent stake, reportedly putting the carbon projects developer's value at $800 million.
OIF Ventures has gathered $55 million toward a new Opportunity Fund with a $75 million goal, backed by several tech founders, and has put $4 million into Advanced Navigation's $108 million round.
New Zealand's KKR-backed Education Perfect has bought Victorian school assessment platform Essential Assessment in a deal reported around $40 million, with founder Andrew Spitty and his team moving across.
Also Techboard
Weekly agrifoodtech roundup reporting funding rounds for Pluton Biosciences, FLINTpro, eFishery and others, a first close by Big Idea Ventures' fund, Wicked Kitchen's acquisition of Current Foods, plus partnerships and launches.
Also AgFunderNews·AgFunderNews
Ignition Lane's weekly tech roundup covering record Australian VC fund raises, several green-tech startup funding rounds, Deliveroo's administration, the FTX collapse, and takeover offers for ELMO and Nitro.
Also Techboard
US giant KKR joined navigation-technology maker Advanced Navigation's $108 million Series B, alongside returning local backers; the company also bought ANU spin-out Vai Photonics, and two KKR staff will join its board.
Also @AuManufacturing·SmartCompany·Startup Daily·Techboard·SmartCompany·Forbes Australia
MYOB has taken full ownership of Sydney HR and payroll fintech Flare, converting its existing stake into a takeover, giving exits to venture backers who had invested over $50 million across several prior rounds.
Ignition Lane's weekly wrap reports falling Australian venture funding, lists several startup raises and fund raises, covers Chargefox's acquisition, Volt's closure, the Zip-Sezzle merger termination, and global tech news.
Also Startup Daily·Techboard
Atomi, an online teaching platform, has closed a $9 million Series A led by OIF Ventures, which backed it before, with angels also taking part; schools in Australia and the UK use its tools.
Also OIF Ventures portfolio·OIF Ventures portfolio·Startup Daily·SmartCompany
Commentary piece on VC exit strategies (IPO, trade sale, secondary sale) referencing recent Australian tech M&A deals and venture funding rounds including Sendle, UpGuard, Sonder and others.
A year after its previous flagship vehicle hit an $11bn ceiling, Apax Partners is chasing a bigger fund, while US pension minutes reveal new commitments and the firm moves to take control of Alcumus.