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Blackbird

$790 million medtech Harrison.ai reveals revenue surge after restructure culling 15% of staff

Harrison.ai founders Aengus and Dimitry Tran say their $789 million startup is reorganising to prepare for a commercialisation drive at home and abroad – but that R&D remains in Australia. Harrison.ai cut 15 per cent of its workforce earlier this year in a restructure founders Aengus and Dimitry Tran say will allow it to put […]

  • By Daniel Van Boom
  • Business Journalist

Heidi hits $1.2 billion valuation with $480 million in fresh funding

The startup, which Blackbird said is its fastest growing investment ever, has hit $50 million in annualised revenue and is now moving to agentic healthcare. Key Takeaways AI healthcare startup Heidi has become Australia’s fourth unicorn of 2026, raising capital at a $1.26 billion valuation as it looks to hit break-even territory on its breakneck […]

  • By Daniel Van Boom
  • Business Journalist
Blackbird general partner Samantha Wong. Image: Supplied

Blackbird closes record $1 billion fund, but turns ‘cautious’ on AI

Blackbird has raised $1.05b from prestigious global institutions like Morgan Stanley and Schroders to establish the biggest Australian VC fund yet.

  • By Daniel Van Boom
  • Business Journalist

SafetyCulture has a new name – and an insurance bet to match

Luke Anear has wanted to change the name of the company he founded for years. Now SafetyCulture has become Mittle as the $2.4 billion startup reshapes itself for the AI era.

  • By Daniel Van Boom
  • Business Journalist

Asides

Blackbird’s $200m punt on this AI startup is its biggest investment ever

Blackbird invested over $200 million in Californian startup Baseten’s Series F, backing the AI infrastructure startup’s plan to drastically reduce the cost of AI deployment.

  • By Daniel Van Boom
  • Business Journalist

CEO shakeup at Vow amid restructure at lab-grown meat startup

Blackbird-backed startup Vow has cut jobs and gotten a new CEO as it looks to use its cell-culture technology to expand beyond the development of lab-grown meats.

  • By Daniel Van Boom
  • Business Journalist
Gilmore Space

Aussie space unicorn scores fresh $14.2m amid SpaceX IPO frenzy

Australian Retirement Trust has backed Gilmour Space Technologies, extending the startup’s $217 million Series E which valued it at over $1 billion.

  • By Daniel Van Boom
  • Business Journalist

Australian cyber security start-up bags US$24 million

Cyble, which pegs itself as Google for the dark web, raised US$24 million (AU$36 million) in its Series B funding round in early August.

  • By Anastasia Santoreneos
  • Journalist & List Editor
Women Making Waves co-founders Hayley Evans and Jessica Wilson | Image source: Supplied

Real life: how NFTs are making a difference for women’s rights

Women Making Waves is using NFTs to fund law reform in areas that are adversely impacting women.

  • By Jane Lindhe
  • Forbes Staff

Blackbird launches $1 billion VC fund

Blackbird has raised Australia’s largest venture capital fund at just over $1 billion in committed capital.

  • By Anastasia Santoreneos
  • Journalist & List Editor
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