Benicia Tan / Bloomberg:
PitchBook: Australian startups raised $3.4B in 2024, down from 2021's $6.5B peak; 39% of early-stage capital in Australia came from overseas vs. 21% in the US — Australian startups lag far behind the US and China in funding raised despite the country's historical effectiveness at creating unicorns.
Posted from: this blog via Microsoft Power Automate.