Cut Through Ventures Archives

$739 million hits start-ups in Q3 – but funding still lags behind 2022

Seventy-seven deals were announced in the third quarter of 2023, with total funding this year slightly outpacing 2020 – but still well below 2021 and 2022, Cut Through Venture’s Australian Venture Capital Funding Report reveals.

‘Daunting’: Australian startup funding slowest Q1 since 2019

In the first three months of 2023, Australian startups reported $661 million of capital raised across 82 deals. That was less than 50% of reported capital raised in Q1 of 2021 and 20% of Q1 in 2022, according to Cut Through Ventures’ quarterly report.