Record Investment Fuels Victoria’s Startup Surge
LaunchVic and dealroom.co report Victorian startups raised a record $2.4 billion in 2025, driven by late-stage deals despite early-stage declines.
CEO, LaunchVic
Stories naming Dr Dr Kate Cornick. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
LaunchVic and dealroom.co report Victorian startups raised a record $2.4 billion in 2025, driven by late-stage deals despite early-stage declines.
Melbourne autism therapy startup Kite Therapy has raised $750,000 in a pre-seed round from Flying Fox Ventures, LaunchVic's Alice Anderson Fund, Startmate and an angel, while LaunchVic secured a $40 million budget refunding.
Roundup of the week's funding news: nine companies across Australia and New Zealand secured investment spanning clean energy, construction logistics, legal tech, coaching, research tools, creator media, medtech and marketing software.
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AI search startup Marqo has landed a $12.5 million Series A and is relocating its headquarters to San Francisco, while LaunchVic statistics show Victoria's ecosystem grew in value despite a funding drop.
Roundup of eight local raises totalling roughly $81.5 million: generative AI, sustainable packaging, VR medical training, optical radar, drinks, preventive health and wholesale retail software.
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LaunchVic and Agriculture Victoria introduced a $1 million fund backing early-stage agtech startups, and revealed seven companies as recipients of $50,000 equity-free grants.
Victoria's startup agency is giving Flying Fox Ventures and Jumpstart Studio $300,000 each to run pre-accelerator programs for women founders, alongside continued backing of the Alice Anderson Fund.
LaunchVic has granted Startmate $300,000 to run its Student Fellowship, a three-week program training at least 320 Victorian university students in startup skills over two years.
Melbourne urban analytics firm Neighbourlytics has secured a $1.3 million pre-Series A led by ALIAVIA Ventures, with LaunchVic's Alice Anderson Fund and four existing backers participating, to fund hiring and product development.
LaunchVic's Alice Anderson Fund and AXA Asia chief Gordon Watson have invested an undisclosed amount in Lift Women, an Australian crowdfunding platform helping female founders raise capital.
Victoria granted $900,000 across three new angel networks to back early-stage startups, while LaunchVic grant recipient Archangel Ventures has launched a $25 million venture capital fund.
LaunchVic's sidecar fund for women-led startups has deployed co-investments across eleven companies in year one, with Telecare, Age Up Health and Conserving Beauty named, and targets 60 founders by 2024.
Victorian aged-care startup Age Up Health has received investment from LaunchVic's Alice Anderson Fund for women-led founders. The piece profiles founder Grace Petherick and notes earlier backing from Skalata Ventures and a Melbourne grant.
Melbourne parcel-access startup One Key Access has raised a seven-figure pre-seed round, with Antler following its initial backing and LaunchVic's Alice Anderson Fund investing, to grow the team and expand to other states.
Startup Daily reports the inaugural Governor of Victoria Startup Awards, where Amber Electric and Seer Medical shared the top prize, Linktree took scaleup honours, and the Allens' Tractor Ventures won investor recognition.
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Victoria is adding $2.4 million over three years to the MedTech Actuator accelerator via LaunchVic, letting it double its startup intake, with wearable-diagnostics firm Nutromics cited as a program success story.
LaunchVic has granted $300,000 to clinician syndicate Australian Medical Angels, which plans a Victorian branch investing up to $2 million into ten early-stage health startups, becoming the agency's seventh funded angel network.
LaunchVic commits $250,000 as a grant and $250,000 as equity in Startupbootcamp's fund to run three energytech programs, while Energy Australia, NISA and Victorian Clean Tech Fund add $975,000 for Victorian energy entrepreneurs.
A weekly technology roundup reporting a New Zealand booking software firm's sale, an Australian beauty retailer's acquisition, several venture raises, executive share sales at an e-commerce firm, and a new government fund committee.
Startupbootcamp's Melbourne-based Sport & EventTech accelerator announces its second cohort: ten global startups chosen for the 2021 program, supported by LaunchVic and a group of sporting and corporate partners.
LaunchVic invests $300,000 into Tractor Ventures' new venture debt fund, which has secured $4 million to lend to self-funded, revenue-positive Victorian startups, with half led by female founders.
The Victorian state budget directs $186.2 million towards the startup ecosystem, covering a women founders angel fund, a fund of funds, venture debt, LaunchVic funding, loans, and digital skills and infrastructure programs.
LaunchVic will give Startup Victoria $225,000 to run two free programs helping new and early-stage founders survive beyond COVID-19, supporting up to 4,000 people over the next year.
LaunchVic announced $225,000 for Startup Victoria to run the Startup Success Series, helping new and early-stage founders survive and grow through the COVID-19 period.
Three Victorian startups completed the first CivVic Labs accelerator cohort, each receiving a $150,000 grant from the Better Care Victoria Innovation Fund and contracts to build prototypes with health and transport agencies.
A guide to twelve funding routes for Australian startups, covering venture capital, angels, debt, accelerators, grants, corporate venture, crowdfunding, ICOs and loans, with many past raises cited as examples.
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