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AirTree raises $250 million for biggest ever Australian tech VC fund

Paul Smith

AirTree Ventures has closed the largest ever Australian venture capital fund to invest in emerging technology companies, with $250 million raised from investors including two of the country's leading superannuation funds.

The fund is run by two of the country's best-known tech investors, Daniel Petre and Craig Blair and is AirTree's second, following an initial $60 million fund it raised in July 2014.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/technology/airtree-raises-250-million-for-biggest-ever-australian-tech-vc-fund-20160906-grac96