Country comparison

Australia vs South Korea: startup funding compared

Since 5 June 2025, startups in Australia raised $4.7B across 113 rounds, 1.9 times South Korea's $2.5B.

$4.7BCapital raised$2.5B
113Rounds91
$6.4MMedian round$6.8M
0.7%Share of all capital0.4%
58%Early-stage rounds35%

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 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: $4.7BSouth Korea, end of Jun 25: $22MSouth Korea, end of Jul: $194MSouth Korea, end of Aug: $214MSouth Korea, end of Sept: $478MSouth Korea, end of Oct: $478MSouth Korea, end of Nov: $490MSouth Korea, end of Jan 26: $557MSouth Korea, end of Feb: $692MSouth Korea, end of Mar: $1.3BSouth Korea, end of Apr: $1.6BSouth Korea, end of May: $1.9BSouth Korea, end of Jun: $1.9BSouth Korea, end of Jul: $1.9BSouth Korea, end of Aug: $1.9BSouth Korea, end of Sept: $1.9BSouth Korea, end of Oct: $2.5B Jun 25AugOctJan 26MarMayJulSept
AustraliaSouth Korea
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

South Korea

  • AI77%$1.9B
  • Robotics & Hardware8%$207M
  • Health7%$165M
  • Enterprise software4%$109M
  • Climate & Energy1%$37.4M
  • Fintech1%$23.8M

Biggest rounds

Stage mix share of rounds

AustraliaSouth Korea
39%Pre-Seed and Seed16%
19%Series A19%
7%Series B16%
8%Series C and later13%
27%Other or undisclosed35%

Most active investors rounds joined

InvestorAustraliaSouth Korea
Korea Development Bank·13
Investible8·
KB Investment·7
Antler6·
Crit Ventures·6
EVP6·
Hana Ventures·6
Airtree Ventures5·
D.CAMP·5
Futureplay·5
OIF Ventures5·
Startmate5·

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

South Korea

  • Seoul37$1.6B
  • Yongin1$122M
  • Anyang1$27.3M
  • Daejeon1$13.7M
  • Seongnam2$7.6M

Latest rounds

Questions

Which country raised more startup funding, Australia or South Korea?

Australia. Since 5 June 2025, startups in Australia raised $4.7B across 113 rounds, against $2.5B across 91 rounds in South Korea, 1.9 times more. That is 0.7% and 0.4% of all the capital FundraiseBase tracked worldwide over the period.

How many startup funding rounds were announced in Australia and South Korea?

113 rounds in Australia and 91 rounds in South Korea since 5 June 2025, about 7 and 6 a month.

Are startup rounds bigger in Australia or South Korea?

The median round is $6.4M in Australia and $6.8M in South Korea, and the average round $41.5M and $27.6M. 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 South Korea?

The biggest startup rounds in South Korea since 5 June 2025 are FuriosaAI ($620M, 29 Oct 2026), Rebellions ($400M, Growth, 30 Mar 2026) and Rebellions ($250M, Series C, 30 Sept 2025).

Which sectors attract the most startup funding in Australia and South Korea?

In Australia, AI ($3.3B, 70% of the capital), Fintech ($399M, 9%) and Climate & Energy ($218M, 5%) lead. In South Korea, AI ($1.9B, 77% of the capital), Robotics & Hardware ($207M, 8%) and Health ($165M, 7%) lead.

Is Australia or South Korea better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 58% of rounds in Australia and 35% in South Korea. Australia recorded 44 Pre-Seed or Seed rounds and South Korea 15 Pre-Seed or Seed rounds, with a median of $1.9M and $1.5M.

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

Startups in Australia raised $1B in 17 Series B or later rounds, 22% of the country's capital. In South Korea, $901M in 27 rounds, 36% 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 South Korea?

Korea Development Bank (13 rounds, 5 led), KB Investment (7 rounds, 2 led) and Crit Ventures (6 rounds, 4 led) are the most active investors in South Korea.

Which investors back startups in both Australia and South Korea?

No investor in FundraiseBase joined rounds in both countries yet.

Which cities lead startup funding in Australia and South Korea?

Sydney leads Australia with $2.4B across 36 rounds, ahead of Melbourne ($336M). Seoul leads South Korea with $1.6B across 37 rounds, ahead of Yongin ($122M).

Which month brought the most startup funding?

In Australia, August 2026 ($2.1B). In South Korea, October 2026 ($620M).

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

In the 90 days to 29 Oct 2026, startups in Australia raised $2.1B across 8 rounds and in South Korea $636M 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 →