The Australian tech ecosystem has seen significant growth, becoming the second fastest growing globally. With a combined ecosystem value of $360B, Australia has experienced a 2.5x increase since 2020.
The country leads in unicorns created per VC dollar invested, producing 1.22 unicorns for every $1B invested. Additionally, Australia ranks fifth in decacorn creation globally. Australian startups have shown their ability to deliver world-class liquidity through globally scaled, capital-efficient companies. The tech sector in Australia has generated $360B in value, a 6.5x increase since 2018. These numbers showcase the strength and potential of the Australian tech industry, positioning the country as a key player in the global market.