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Blackbird raises $500m fund, taps Cannon-Brookes to drive expansion – Sydney Morning Herald

Australian venture capital firm Blackbird Ventures has raised a $500 million fund and brought on Atlassian co-founder Mike Cannon-Brookes as chairman.

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The new fund will comprise a $150 million core fund focused on Australian technology startups and a follow on fund with a broader remit. “Even though the funds are getting bigger we want to continue backing early-stage companies as well,” Ms Wong said.
“The smallest cheque we have written is for $50,000 and our first investment in…

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