Ledger. Australian venture funding, tracked

Startup · $29.8m raised · Cybersecurity

Fivecast

Adelaide-based Security AI Software startup

Adelaide, SA

Coverage

Stories naming Fivecast. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

4 deals

Startup funding dropped massively in 2023, but AI and climate tech are still winners

KPMG data shows Australian startup funding fell sharply in early 2023, though AI and climate tech stayed strong, with several large raises listed and a new Main Sequence fund announced.

Also Startup Daily

18 deals

$810 million in three months: The biggest VC deals revealed

A quarterly Cut Through Venture survey reports Australian startups raised $810 million across 90 deals in Q2 2023, listing the largest rounds and noting improved investor sentiment despite a sluggish first half.

Also SmartCompany

Funding announcement

FUNDED April 2023

Techboard's monthly roundup counts 40 Australian startup raises worth $498m in April 2023, headlined by Saluda Medical and Eucalyptus, plus smaller rounds and fund closes by Purpose Ventures and Proto Axiom.

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