ProcurePro cofounders Nathan Dench, Jesse Dymond, Alastair Blenkin, Tim Rogers and Tom Newby

Construction software startup ProcurePro builds $6.15 million Series A for UK expansion

- January 29, 2024 2 MIN READ

Queensland construction industry procurement platform ProcurePro has raised $6.15 million as it looks to take on the UK market.  The company’s first external round was backed by AirTree and industry expert Leigh Jasper through his VC fund Saniel Ventures.\ The capital raised from ProcurePro’s first venture round will help accelerate growth in the UK as a key… Read more »

Different cofounders Ruwin Perera and Mina Radhakrishnan

Indifferent: AirTree & CBA-backed proptech handed to administrators after raise attempts fail

- June 30, 2023 2 MIN READ

Residential property management startup Different, has been handed to administrators, unable to attract new capital, despite being backed by Airtree and the Commonwealth Bank’s venture arm, X15. Seven-year-old Different Technologies Pty Ltd was placed in voluntary administration with KPMG on Thursday. Founded in 2017 by expat Silicon Valley entrepreneurs, Mina Radhakrishnan, a former Uber global… Read more »


Milkrun, the last local grocery delivery standing, is still trying to find fresh capital after raising $75 million

- January 27, 2023 3 MIN READ

Rapid grocery delivery service Milkrun tried to raise additional cash twice in 2022, despite starting the year with $75 million from Tiger Global in a Series A last January, but couldn’t attract investors amid the financial failure of its rivals. The Australian reports that the Sydney startup touted its Series B pitch deck to potential backers… Read more »

Darwinium founder Alisdair Faulkner

Blackbird and AirTree back anti-fraud startup from the team behind ThreatMetrix in $15.6 million Seed round

- November 7, 2022 2 MIN READ

Online fraud prevention startup Darwinium has raised US$10 million (A$15.6m) in a Seed round led by local VCs Blackbird and Airtree. The US-based customer protection platform was founded by Bondi entrepreneur Alisdair Faulkner, cofounder of cybersecurity startup ThreatMetrix, which sold in 2018 for more than A$1.2 billion (US$817m). Joining him at Darwinium is former ThreatMetrix… Read more »

Jackie Vullinghs
Venture Capital

AirTree is opening up its free angel investor program to everyone to build a more diverse VC community

- July 7, 2022 2 MIN READ

Australian venture capital firm AirTree is opening up its previously invitation-only angel investor program, Explorer in a bid to attract more women and others to create greater diversity in the VC investment community. The Explorer program launched in 2020 in a bid to address declining angel investment. Since then more than 100 Explorers have completed the… Read more »


Anti-financial fraud regtech raises $20 million series A

- October 12, 2021 2 MIN READ

Anti-fraud startup FrankieOne has raised $20 million in a series A as the regtech venture eyes international expansion. The round was led by AirTree Ventures and Greycroft, with 20VC, Westpac’s Reinventure, Tidal Ventures, APEX Capital Partners, and Mantis VC,  Robinhood CEO Vlad Tenev and Monzo founder Tom Blomfield also participating. FrankieOne is financial systems aggregator… Read more »


Kiwi HR feedback startup Joyous raises $14 million

- September 28, 2021 2 MIN READ

A New Zealand workplace feedback startup has raised Nz$15 million (A$14.2m) as it looks to expand internationally. Joyous was founded in 2017 by brothers Mike and Phillip Carden. The raise was led by Square Peg, with existing investors AirTree Ventures and Icehouse Ventures returning for their third round. The investment will also be used to… Read more »

Aulay Macaulay, Ento

Workforce management startup Ento closes $5m series B

- June 11, 2021 2 MIN READ

Melbourne-based workforce management startup Ento has closed a $5 million Series B, with its backers eyeing an ASX listing. The round was led by Perennial Value Management, with existing investor AirTree Ventures chipping in once again. The funds will be used to double the size of the current team of 40, open offices in Sydney and… Read more »


Homegrown e-bike startup Zoomo pedals $16 million raise

- May 4, 2021 2 MIN READ

Australian e-bike venture Zoomo has raised $16 million in a fresh round just eight months after a $16 million series A. The new raise, led by AirTree Ventures as a new investor, also saw existing backers the Clean Energy Finance Corporation (CEFC), Maniv Mobility and Contrarian Ventures. Cleantech-focused US investors Winthrop Square and Wisdom VC… Read more »


A Melbourne cloud computing startup just landed one of 2019’s biggest raises to go global

- April 30, 2019 2 MIN READ

Melbourne educational training startup A Cloud Guru (ACG) has raised US$33 million (A$47m) from US and local investors, including Summit Partners and Airtree Ventures, just four years after brothers Sam and Ryan Kroonenburg launched the platform. As technological disruption cuts its way through a swathe of industry sectors, the Kroonenburgs has been working with a… Read more »


AirTree Ventures backs US drone mapping startup DroneDeploy in US$25 million Series C round

- June 27, 2018 2 MIN READ

Just a few weeks on from Blackbird Ventures leading a $10 million Series A round for Sydney-founded drone mapping startup Propeller Aero, AirTree Ventures has backed US competitor DroneDeploy’s US$25 million ($34 million) Series C round. The round, which brings the total raised by the startup to date to more than $56 million ($76 million),… Read more »