Aug 3, 2026 – 4.39pmAirtree Ventures has sold its minority stake in $US845 million ($1.2 billion) US software unicorn DroneDeploy after eight years, more than doubling its money and giving returns to some of its earliest investors.The move comes as venture capital firms are coming under pressure from investors to give back returns, which have been slower than expected due to a sluggish initial public offering market.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Airtree more than doubles its money in US start-up sale
The venture capital firm was one of the winners in a buyout worth more than $1 billion that closed last week, giving its backers some much-needed returns.
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