April 9, 2024

Cut Through Quarterly 1Q 2024

Australian venture capital funding report for 1Q 2024.

Australian Funding Ecosystem

Text Link

Funding News & Analysis

Text Link

Welcome to the Q1 edition of Cut Through Quarterly, replacing our monthly report. A big thanks to our supporters HSBC, Corrs, and GXE, to the 80 investors who completed our Investor Sentiment Survey.

It was a slow start to 2024, with the lowest number of reported deals in more than five years. There were bright spots, though, including an all-time high level of funding to an all-female founder-led team, two brand-new unicorns, and a total funding figure that pipped Q1 of 2023.

We hope you find the report useful. You can read the report here.

Thanks,

The Cut Through Team