Costello's Future Fund backs Blackbird in coup for start-up sector [Video]

Established in 2012, the firm backs Australian and New Zealand start-up founders, irrespective of where they are based. Blackbird initially focused on software-as-a-service businesses with global ambitions, but has increasingly shifted into areas such as space tech and robotics.

The participation of the leviathan Future Fund – which oversees $163 billion of investments – represents a …