Blackbird VC raises $752M from Asian investors for new fund

Key facts

• Blackbird, Australia's largest venture capital firm, announced it raised A$1.05 billion ($752 million) for its most recent fund.
• The capital was sourced from institutional investors across Asia.
• The firm is noted as Australia's largest venture capital firm.

Australia's largest venture capital firm, Blackbird, announced on Tuesday that it has raised A$1.05 billion ($752 million) for its most recent fund. The firm attracted capital from institutional investors across Asia for this latest fundraising effort.