Country comparison

Australia vs Mexico: startup funding compared

Since 5 June 2025, startups in Australia raised $4.7B across 113 rounds, 3.6 times Mexico's $1.3B.

$4.7BCapital raised$1.3B
113Rounds23
$6.4MMedian round$13M
0.7%Share of all capital0.2%
58%Early-stage rounds61%

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 Nov: $4.7BMexico, end of Jun 25: $14.6MMexico, end of Jul: $191MMexico, end of Aug: $214MMexico, end of Sept: $314MMexico, end of Oct: $337MMexico, end of Nov: $344MMexico, end of Dec: $358MMexico, end of Jan 26: $382MMexico, end of Feb: $692MMexico, end of Mar: $700MMexico, end of Apr: $1.1BMexico, end of May: $1.1BMexico, end of Jun: $1.1BMexico, end of Jul: $1.1BMexico, end of Aug: $1.1BMexico, end of Sept: $1.3BMexico, end of Nov: $1.3B Jun 25SeptDecMarJunSept
AustraliaMexico
Newsletter Startup rounds, in your inbox.

Free. Unsubscribe anytime.

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

Mexico

  • Fintech45%$596M
  • Other32%$420M
  • AI20%$263M
  • Health3%$35.8M
  • Consumer0%$2M

Biggest rounds

Stage mix share of rounds

AustraliaMexico
39%Pre-Seed and Seed26%
19%Series A35%
7%Series B0%
8%Series C and later22%
27%Other or undisclosed17%

Most active investors rounds joined

InvestorAustraliaMexico
Investible8·
Antler6·
EVP6·
Airtree Ventures5·
OIF Ventures5·
Startmate5·
Airtree4·
Blackbird4·
Blackbird Ventures4·
National Reconstruction Fund Corporation4·
Peak XV Partners4·
Skip Capital4·

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

Mexico

  • Mexico City12$867M
  • Guadalajara1$7.8M

Latest rounds

Questions

Which country raised more startup funding, Australia or Mexico?

Australia. Since 5 June 2025, startups in Australia raised $4.7B across 113 rounds, against $1.3B across 23 rounds in Mexico, 3.6 times more. That is 0.7% and 0.2% of all the capital FundraiseBase tracked worldwide over the period.

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

113 rounds in Australia and 23 rounds in Mexico since 5 June 2025, about 7 and 1 a month.

Are startup rounds bigger in Australia or Mexico?

The median round is $6.4M in Australia and $13M in Mexico, and the average round $41.5M and $57.3M. 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 5 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 Mexico?

The biggest startup rounds in Mexico since 5 June 2025 are Plata ($405M, Series C, 17 Apr 2026), Kavak ($300M, Series F, 17 Feb 2026) and Klar ($170M, Series C, 1 Jul 2025).

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

In Australia, AI ($3.3B, 70% of the capital), Fintech ($399M, 9%) and Climate & Energy ($218M, 5%) lead. In Mexico, Fintech ($596M, 45% of the capital), AI ($263M, 20%) and Health ($35.8M, 3%) lead.

Is Australia or Mexico better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 58% of rounds in Australia and 61% in Mexico. Australia recorded 44 Pre-Seed or Seed rounds and Mexico 6 Pre-Seed or Seed rounds, with a median of $1.9M and $4.8M.

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

Startups in Australia raised $1B in 17 Series B or later rounds, 22% of the country's capital. In Mexico, $1B in 5 rounds, 79% 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 Mexico?

Kaszek (2 rounds, 2 led), Andreessen Horowitz (2 rounds, 1 led) and Monashees (2 rounds, 1 led) are the most active investors in Mexico.

Which investors back startups in both Australia and Mexico?

5 investors joined rounds in both countries. The most active: Coatue (2 in Australia, 1 in Mexico), DST Global Partners (2 in Australia, 1 in Mexico), Accel (1 in Australia, 1 in Mexico), Hedosophia (1 in Australia, 1 in Mexico) and Gaingels (1 in Australia, 1 in Mexico).

Which cities lead startup funding in Australia and Mexico?

Sydney leads Australia with $2.4B across 36 rounds, ahead of Melbourne ($336M). Mexico City leads Mexico with $867M across 12 rounds, ahead of Guadalajara ($7.8M).

Which month brought the most startup funding?

In Australia, August 2026 ($2.1B). In Mexico, April 2026 ($405M).

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

In the 90 days to 10 Nov 2026, startups in Australia raised $94.1M across 6 rounds and in Mexico $190M across 2 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.

More comparisons

All country comparisons →