Australian Startup Ecosystem Funding Analysis — For Founders!!!
My aim was to include as much actionable information to help founders inform their capital raises and this is some of what I found:
Seed/0 to 3 year old company funding is getting harder to obtain with Seed deal count down 29% from FY17 highs
But total $ volume of funding is up 117% across the board, meaning deal sizes are growing in size (less deals but more money)
Pre-seed to Seed round funding size is sitting at approximately 15 times Pre-seed amount ($100k to $1.5m)
Startups raise capital approximately every 18 months to 2 years