Partner, Blackbird Ventures
Stories naming Michael Tolo. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Heidi raised US$100m in a Blackbird-led Series C plus US$240m in customer-acquisition finance from General Catalyst, reaching a $1.26 billion valuation as Australia's fourth billion-dollar startup of the year.
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Wellington HR consultancy Humankind has bought The Mintable, a Blackbird-backed platform that trains new managers, adding structured training to its consulting services.
Blackbird's investment note sets out why the firm joined Baseten's $300 million Series E with IVP, Capital G, Nvidia and Greylock, praising the inference startup's customer culture and its purchase of Parsed.
Blackbird's investment note recapping its backing of Coherence Neuro and the neural implant startup's development milestones, institutional collaborations, and path toward first-in-human glioblastoma trials.
Blackbird's investment notes announce its backing of Heidi's Series B alongside Point72 Private Investments, describing the AI medical scribe's rapid growth, enterprise traction, and international expansion.
Payments firm Airwallex closed a large Series F at a $9.6 billion valuation, led by Square Peg with several local and global backers, while the piece recalls its earlier raises back to 2016.
Airwallex has wrapped a $465 million Series F at a $9.6 billion valuation; Blackbird joins for the first time and half the round is a secondary sale for early backers.
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Nine-month-old Sydney quantum startup Iceberg Quantum raised $2 million pre-seed, led by Blackbird with LocalGlobe participating, to build cheaper fault-tolerant designs for PsiQuantum's photonic platform.
Weekly roundup detailing funding rounds by five Australian and New Zealand startups: a diversity analytics platform, a thermal energy storage maker, a carbon accounting service, an activated carbon producer, and legal communications software.
Heidi Health, whose AI tool trims paperwork for family doctors, has banked a $10 million Series A round led by returning backer Blackbird, with co-investors including Hostplus and Hesta.
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Melbourne healthtech firm Heidi Health has pulled in A$10 million Series A capital, headed by Blackbird Ventures, to grow its AI scribe that lightens clinicians' documentation workload.
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Blackbird's investment note announcing it led Sumday's $2M pre-seed round, profiling the Tasmanian startup's carbon accounting software for accountants and its three co-founders.
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Blackbird welcomes Michael Tolo, Tom Humphrey and Phoebe Harrop into its investment partnership, citing their craft, founder relationships and contribution to its New Zealand expansion.