Street Talk

Blackbird targets $1b VC fund; Square Peg, AirTree also ready to raise

Anthony Macdonald, Yolanda Redrup and Kanika Sood

Nov 25, 2021 – 9.34pm

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Blackbird Ventures is set to lead a record-breaking year of venture capital raisings in 2022, with the VC understood to be planning a $1 billion-plus fifth fund.

Rick Baker says Blackbird is raising a $1 billion-plus fund in 2022. Edwina Pickles

Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies.

Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk.

Kanika Sood is a journalist based in Sydney who writes for the Street Talk column.