Dealroom.co – Victorian Startup Growth Report, 2024

The main theme of the report is the analysis of the growth of Victoria's startup ecosystem, including its size, funding, and employment.

Key findings include that since 2016, Victoria's startup ecosystem has outpaced global hubs such as Singapore, Sydney, Tel Aviv, Stockholm, Amsterdam, and Berlin. Victoria hosts over 3,500 startups valued at 132 billion Australian dollars, with nearly 60% of new jobs being created in Australia. Major challenges include difficulties in securing early-stage funding, particularly at the pre-seed stage. The report highlights the importance of startups in advanced technologies and university spin-offs, although their numbers remain low.