Sep 17, 2026 · 9 min · 10 segments
A billion-dollar fund. Pressure to cash out. AI accelerating. And a new chapter at Apple. Plenty for Gavin Appel and Tobi Skovron to unpack in this month’s This Month in Venture. We cover: •…
Seeing as though we're talking about startups and venture capital, we'll start with the AUVC landscape.
It was like on the... on the gossip channels, but Blackbird have closed a billion dollars of dry powder for their next fund.
One of the other big VC funds in Australia, Airtree, were in the news a lot over the past month.
They pretty much consumed the paper headlines for a couple of weeks across a number of different topics.
So one thing that came out, which we discussed last month as well, was that Canva announced that their growth rate for the year was going to be 20%, not 30%.
And then one of Airtree's early funds that has a holding in Canva needed to get extended and they didn't get the votes they needed to be able to extend it.
Because if you remember, these venture capital funds, the way they work is in 10-year cycles.
Seeing as though we're talking about startups and venture capital, we'll start with the AUVC landscape.
It was like on the... on the gossip channels, but Blackbird have closed a billion dollars of dry powder for their next fund.
One of the other big VC funds in Australia, Airtree, were in the news a lot over the past month.
They pretty much consumed the paper headlines for a couple of weeks across a number of different topics.
So one thing that came out, which we discussed last month as well, was that Canva announced that their growth rate for the year was going to be 20%, not 30%.
And then one of Airtree's early funds that has a holding in Canva needed to get extended and they didn't get the votes they needed to be able to extend it.
Because if you remember, these venture capital funds, the way they work is in 10-year cycles.
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