July 5, 2023

Cut Through Quarterly 2Q 2023

Australian venture capital funding report for 2Q 2023.

Australian Funding Ecosystem

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Funding News & Analysis

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Good Morning,

Welcome to the second edition of Cut Through Quarterly, replacing our monthly report. Thank you to our sponsors Corrs, JP Morgan, Deloitte, WOTSO and Cascade for your support, and for the 156 startup investors who completed our investor sentiment survey.

The pace of the recent quarter was more subdued compared to the fervour witnessed in 2021/22, marking 1H 2023 as the slowest start to the year since 2019. However, certain encouraging signs have emerged within our sentiment survey, suggesting a resurgence in investor confidence. Although a sense of caution remains, it seems investors are once again ready to put their capital to work.

We hope you find the report useful.

You can read the report here, or here.

Thanks,

The Cut Through Team