Cut Through Venture’s latest quarterly report shows 100% of Series B+ funding went to man-only startup teams, confirming what women founders already know: Australia’s venture ecosystem rewards sameness. But it doesn’t have to be this way.
Despite a continued drought of mega-deals, Australia’s venture funding climbed back to the billion-dollar mark in Q3, driven by a surge in accelerator activity and heightened investor appetite for deep-tech and AI-focused companies.
Deal numbers might be high but the absence of those over $100 million has seen start-up funding tank to Q1 levels after a six-quarter high (in Q2).