1、Australia Venture&Startup Report 2025Benchmarking capital,outliers,and ecosystem evolutionJuly 2025Page/2 Australia,long overlooked by global venture capital,is now emerging as one of the most capital-efficient startup ecosystems in the world.With just a fraction of the funding deployed in the U.S.o

2、r Europe,Australia has built household names like Canva,Atlassian,and Afterpay and is now leading the world in unicorn creation per dollar invested.Its not just about doing more with less.Its about the calibre of our founders ambitious,resilient,and globally-minded from day one.Many of these founder

3、s have succeeded despite structural constraints including limited seed funding and small domestic markets.The Australian startup ecosystem wasnt built on abundance.It was forged through ingenuity,grit,and creative constraint.And it has been underpinned by strong foundations.Australias world-class un

4、iversities,robust research infrastructure,and technical education pipelines have helped cultivate a globally competitive talent pools.A growing cohort of experienced operators alumni of the recent successes are now reinvesting their skills and capital into the next generation.Today,we stand at a tur

5、ning point.This report produced in collaboration with Dealroom,AWS,and Side Stage Ventures benchmarks Australias venture performance against the worlds leading ecosystems.It shines a light on how far weve come,and how much untapped potential still remains.The numbers tell a powerful story.Yes,only 6

6、1%of early-stage capital is locally sourced.Yes,the number of active seed funds is relatively low.But thats the opportunity.Australia is still dramatically under-capitalised relative to its output.For LPs and global investors,that means high-quality entry points and efficient capital deployment in o