Australia Startups Starved of Cash Despite Big Potential Returns

Startups starved of cash despite big potential returns

Australian startups lag far behind the US and China in funding raised despite the country’s historical effectiveness at creating unicorns.

Australia Startups Starved of Cash Despite Big Potential Returns

Australian startups lag far behind the US and China in funding raised despite the country’s historical effectiveness at creating unicorns.

Why is Australia so good at making unicorns with pocket change?

New research reveals Australia leads the world in unicorn creation per dollar invested, despite being significantly undercapitalised compared to global peers. Australia isn’t exactly known as a startup superpower, but somehow, it’s quietly producing billion-dollar companies like Canva and Atlassian without burning through piles of venture capital. While Silicon Valley startups chase massive funding rounds, Aussie founders are proving that you do…