ASX-listed venture fund Bailador Technology Investments has increased the valuations on stakes in two key portfolio companies, Updoc and PropHero, with the latter rising 45.6% in just 10 months. Bailador (ASX:BTI) tipped $12.5 million into real estate investment proptech PropHero in February as part of a $25 million Series A. The investor told the market… Read more »
Startup funding topped $1 billion in the third quarter of 2025, with investors eager to back data centres and AI with enthusiasm that recalls the mid-pandemic valuation bubble of 2021-2022 Investors threw money at AI startups like fans tossing underwear on stage at a Tom Jones concert in Q3, according to the latest Cut Through… Read more »
Blackbird’s disclosed portfolio value has climbed to $9.9b (AUD), capping a rebound led by Canva and fresh deep-tech momentum, and pushing performance to a 36.09% net IRR.
Design platform Canva has seen the company’s valuation soar by nearly a quarter to A$48.7 billion in the latest sale of its shares on the secondary market. The global business, which is heading to a public listing in the US next year, saw its valuation rise by US$6 billion (A$9.1bn) to hit US$32 billion with… Read more »
Canva’s $39 billion valuation has been given the tick of approval by the government financial watchdog, the Australian Prudential Regulation Authority (APRA), in a sign that investors have been getting it right when backing private tech companies. The regulator ran its ruler over Canva, which celebrated the 10th anniversary of its launch last week, as… Read more »
The “pre-money valuation” of your startup is the total value of your company before an investment is made: it determines both how much equity an investor will receive in exchange for their investment, and therefore, how much equity you, your team and existing investors will retain once the new round of investment is completed. Pre-money… Read more »
Airtree has followed in the footsteps of major VCs Square Peg Capital and Blackbird Ventures, cutting the valuation of its holding in tech giant Canva by 36%. The decision drags down the value of its early funds by Sydney investor by 18%. Blackbird and Square Peg had already reduced the value of their stakes in… Read more »
Last week we completed our end of financial year valuations for the Blackbird portfolio and communicated them to our investors. They’re down as you would expect in light of the public markets but with this blog post, we wanted to share in greater detail the process that we used to come to the valuations. The… Read more »
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