Country comparison

Australia vs Finland: startup funding compared

Since 4 June 2025, startups in Australia raised $4.7B across 113 rounds, 2.2 times Finland's $2.1B.

$4.7BCapital raised$2.1B
113Rounds64
$6.4MMedian round$4.5M
0.7%Share of all capital0.3%
58%Early-stage rounds69%

Capital raised running total by month

$4.7B$2.3B Australia, end of Jun 25: $55.3MAustralia, end of Jul: $97.6MAustralia, end of Aug: $208MAustralia, end of Sept: $214MAustralia, end of Oct: $390MAustralia, end of Nov: $779MAustralia, end of Dec: $779MAustralia, end of Jan 26: $1.1BAustralia, end of Feb: $1.3BAustralia, end of Mar: $1.6BAustralia, end of Apr: $2.2BAustralia, end of May: $2.3BAustralia, end of Jun: $2.6BAustralia, end of Jul: $2.6BAustralia, end of Aug: $4.7BAustralia, end of Sept: $4.7BAustralia, end of Oct: $4.7BAustralia, end of Nov: $4.7BFinland, end of Jun 25: $58.2MFinland, end of Jul: $89.8MFinland, end of Aug: $92.7MFinland, end of Sept: $477MFinland, end of Oct: $1.4BFinland, end of Nov: $1.5BFinland, end of Dec: $1.7BFinland, end of Jan 26: $1.7BFinland, end of Feb: $1.7BFinland, end of Mar: $1.8BFinland, end of Apr: $1.8BFinland, end of May: $1.9BFinland, end of Jun: $1.9BFinland, end of Jul: $1.9BFinland, end of Aug: $1.9BFinland, end of Sept: $2.1BFinland, end of Oct: $2.1BFinland, end of Nov: $2.1B Jun 25SeptDecMarJunSept
AustraliaFinland
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Where the money goes share of capital by sector

Australia

  • AI70%$3.3B
  • Fintech9%$399M
  • Other5%$236M
  • Climate & Energy5%$218M
  • Enterprise software4%$180M
  • Robotics & Hardware4%$173M

Finland

  • Health43%$914M
  • Robotics & Hardware23%$496M
  • AI21%$449M
  • Other4%$78M
  • Climate & Energy3%$55.6M
  • Cybersecurity3%$54.5M

Biggest rounds

Stage mix share of rounds

AustraliaFinland
39%Pre-Seed and Seed56%
19%Series A13%
7%Series B5%
8%Series C and later3%
27%Other or undisclosed23%

Most active investors rounds joined

InvestorAustraliaFinland
Lifeline Ventures·14
Antler65
Investible8·
Tesi·7
EVP6·
Airtree Ventures5·
OIF Ventures5·
Startmate5·
Airtree4·
Blackbird4·
Blackbird Ventures4·
Business Finland·4

Startup hubs rounds and capital by city

Australia

  • Sydney36$2.4B
  • Melbourne25$336M
  • San Francisco1$320M
  • Launceston1$69.7M
  • Brisbane4$64.3M
  • New York2$56M

Finland

  • Oulu2$902M
  • Helsinki33$561M
  • Espoo9$559M
  • Tampere2$18.7M
  • Kouvola1$11.7M
  • Kuopio1$2.9M

Latest rounds

Questions

Which country raised more startup funding, Australia or Finland?

Australia. Since 4 June 2025, startups in Australia raised $4.7B across 113 rounds, against $2.1B across 64 rounds in Finland, 2.2 times more. That is 0.7% and 0.3% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in Australia and Finland?

113 rounds in Australia and 64 rounds in Finland since 4 June 2025, about 6 and 4 a month.

Are startup rounds bigger in Australia or Finland?

The median round is $6.4M in Australia and $4.5M in Finland, and the average round $41.5M and $33.5M. The median shows the typical round; the average is pulled up by a few very large ones.

What is the biggest startup round in Australia?

The biggest startup rounds in Australia since 4 June 2025 are Firmus ($2B, 7 Aug 2026), Firmus Technologies ($505M, Growth, 6 Apr 2026) and Firmus Technologies ($326M, 14 Nov 2025).

What is the biggest startup round in Finland?

The biggest startup rounds in Finland since 4 June 2025 are Oura ($900M, Series E, 14 Oct 2025), IQM Quantum Computers ($300M, Series B, 3 Sept 2025) and Verda ($189M, Series B, 22 Sept 2026).

Which sectors attract the most startup funding in Australia and Finland?

In Australia, AI ($3.3B, 70% of the capital), Fintech ($399M, 9%) and Climate & Energy ($218M, 5%) lead. In Finland, Health ($914M, 43% of the capital), Robotics & Hardware ($496M, 23%) and AI ($449M, 21%) lead.

Is Australia or Finland better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 58% of rounds in Australia and 69% in Finland. Australia recorded 44 Pre-Seed or Seed rounds and Finland 36 Pre-Seed or Seed rounds, with a median of $1.9M and $3.1M.

How much growth funding (Series B and later) goes to Australia and Finland?

Startups in Australia raised $1B in 17 Series B or later rounds, 22% of the country's capital. In Finland, $1.6B in 5 rounds, 74% of the capital.

Who are the most active startup investors in Australia?

Investible (8 rounds, 2 led), EVP (6 rounds, 2 led) and Antler (6 rounds, 2 led) are the most active investors in Australia.

Who are the most active startup investors in Finland?

Lifeline Ventures (14 rounds, 9 led), Tesi (7 rounds, 1 led) and Antler (5 rounds, 2 led) are the most active investors in Finland.

Which investors back startups in both Australia and Finland?

1 investor joined rounds in both countries. The most active: Antler (6 in Australia, 5 in Finland).

Which cities lead startup funding in Australia and Finland?

Sydney leads Australia with $2.4B across 36 rounds, ahead of Melbourne ($336M). Oulu leads Finland with $902M across 2 rounds, ahead of Helsinki ($561M).

Which month brought the most startup funding?

In Australia, August 2026 ($2.1B). In Finland, October 2025 ($900M).

How much did startups in Australia and Finland raise in the last 90 days?

In the 90 days to 6 Nov 2026, startups in Australia raised $94.1M across 6 rounds and in Finland $244M across 9 rounds.

Where does this data come from?

FundraiseBase lists startup funding rounds from public announcements: press releases, company posts and news coverage, checked and updated every day. Amounts are in US dollars. Some rounds are never announced, so the figures show what was made public, not every round. Corrections are welcome.

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