Country comparison

Australia vs Switzerland: startup funding compared

Since 4 June 2025, startups in Australia raised $4.7B across 113 rounds, 1.4 times Switzerland's $3.3B.

$4.7BCapital raised$3.3B
113Rounds128
$6.4MMedian round$7.5M
0.7%Share of all capital0.5%
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 Oct: $4.7BSwitzerland, end of Jun 25: $131MSwitzerland, end of Jul: $590MSwitzerland, end of Aug: $649MSwitzerland, end of Sept: $827MSwitzerland, end of Oct: $966MSwitzerland, end of Nov: $1.4BSwitzerland, end of Dec: $1.5BSwitzerland, end of Jan 26: $1.9BSwitzerland, end of Feb: $2BSwitzerland, end of Mar: $2.3BSwitzerland, end of Apr: $2.4BSwitzerland, end of May: $2.6BSwitzerland, end of Jun: $2.6BSwitzerland, end of Jul: $2.6BSwitzerland, end of Aug: $3BSwitzerland, end of Sept: $3.1BSwitzerland, end of Oct: $3.3B Jun 25SeptDecMarJunSept
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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

Switzerland

  • AI33%$1.1B
  • Health33%$1.1B
  • Climate & Energy11%$358M
  • Robotics & Hardware9%$288M
  • Other5%$162M
  • Fintech3%$105M

Biggest rounds

Stage mix share of rounds

AustraliaSwitzerland
39%Pre-Seed and Seed41%
19%Series A20%
7%Series B7%
8%Series C and later6%
27%Other or undisclosed26%

Most active investors rounds joined

InvestorAustraliaSwitzerland
Founderful·14
Venture Kick·10
Zürcher Kantonalbank·9
Investible8·
Antler61
High-Tech Gründerfonds·7
EVP6·
Kickfund·6
Airtree Ventures5·
OIF Ventures5·
Startmate5·
Airtree4·

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

Switzerland

  • Zurich56$885M
  • Basel11$689M
  • Lausanne12$437M
  • Saint-Sulpice1$225M
  • Zug6$174M
  • Yverdon-les-Bains1$105M

Latest rounds

Questions

Which country raised more startup funding, Australia or Switzerland?

Australia. Since 4 June 2025, startups in Australia raised $4.7B across 113 rounds, against $3.3B across 128 rounds in Switzerland, 1.4 times more. That is 0.7% and 0.5% of all the capital FundraiseBase tracked worldwide over the period.

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

113 rounds in Australia and 128 rounds in Switzerland since 4 June 2025, about 7 and 8 a month.

Are startup rounds bigger in Australia or Switzerland?

The median round is $6.4M in Australia and $7.5M in Switzerland, and the average round $41.5M and $25.7M. 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 Switzerland?

The biggest startup rounds in Switzerland since 4 June 2025 are Oviva ($234M, Series D, 22 Jan 2026), Kandou AI ($225M, Series A, 23 Mar 2026) and Gravis Robotics ($200M, Series A, 17 Aug 2026).

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

In Australia, AI ($3.3B, 70% of the capital), Fintech ($399M, 9%) and Climate & Energy ($218M, 5%) lead. In Switzerland, AI ($1.1B, 33% of the capital), Health ($1.1B, 33%) and Climate & Energy ($358M, 11%) lead.

Is Australia or Switzerland better for early-stage startups?

Early-stage rounds (Pre-Seed, Seed and Series A) make up 58% of rounds in Australia and 61% in Switzerland. Australia recorded 44 Pre-Seed or Seed rounds and Switzerland 53 Pre-Seed or Seed rounds, with a median of $1.9M and $4.3M.

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

Startups in Australia raised $1B in 17 Series B or later rounds, 22% of the country's capital. In Switzerland, $1.3B in 17 rounds, 40% 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 Switzerland?

Founderful (14 rounds, 11 led), Venture Kick (10 rounds, 1 led) and Zürcher Kantonalbank (9 rounds) are the most active investors in Switzerland.

Which investors back startups in both Australia and Switzerland?

6 investors joined rounds in both countries. The most active: Antler (6 in Australia, 1 in Switzerland), Coatue (2 in Australia, 1 in Switzerland), Octopus Ventures (2 in Australia, 1 in Switzerland), Prosus Ventures (1 in Australia, 1 in Switzerland) and Verge HealthTech Fund (1 in Australia, 1 in Switzerland).

Which cities lead startup funding in Australia and Switzerland?

Sydney leads Australia with $2.4B across 36 rounds, ahead of Melbourne ($336M). Zurich leads Switzerland with $885M across 56 rounds, ahead of Basel ($689M).

Which month brought the most startup funding?

In Australia, August 2026 ($2.1B). In Switzerland, July 2025 ($459M).

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

In the 90 days to 27 Oct 2026, startups in Australia raised $2.1B across 8 rounds and in Switzerland $682M across 22 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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