Country comparison
United States vs Australia: startup funding compared
Since 2 June 2025, startups in the United States raised $487.4B across 2,833 rounds, 104.0 times Australia's $4.7B.
Capital raised running total by month
Where the money goes share of capital by sector
United States
Australia
Biggest rounds
United States
Stage mix share of rounds
Most active investors rounds joined
| Investor | United States | Australia |
|---|---|---|
| Y Combinator | 178 | · |
| Andreessen Horowitz | 130 | · |
| General Catalyst | 110 | · |
| Sequoia Capital | 94 | · |
| Lightspeed Venture Partners | 81 | · |
| Khosla Ventures | 77 | · |
| Alumni Ventures | 64 | 1 |
| Bessemer Venture Partners | 59 | · |
| Accel | 52 | 1 |
| Insight Partners | 51 | · |
| Kleiner Perkins | 49 | · |
| Menlo Ventures | 48 | · |
Startup hubs rounds and capital by city
United States
Australia
Latest rounds
Questions
Which country raised more startup funding, the United States or Australia?
The United States. Since 2 June 2025, startups in the United States raised $487.4B across 2,833 rounds, against $4.7B across 113 rounds in Australia, 104.0 times more. That is 70% and 0.7% of all the capital FundraiseBase tracked worldwide over the period.
How many startup funding rounds were announced in the United States and Australia?
2,833 rounds in the United States and 113 rounds in Australia since 2 June 2025, about 157 and 6 a month.
Are startup rounds bigger in the United States or Australia?
The median round is $20M in the United States and $6.4M in Australia, and the average round $172M and $41.5M. The median shows the typical round; the average is pulled up by a few very large ones.
What is the biggest startup round in the United States?
The biggest startup rounds in the United States since 2 June 2025 are OpenAI ($122B, 31 Mar 2026), Anthropic ($65B, Series H, 28 May 2026) and Anthropic ($30B, Series G, 12 Feb 2026).
What is the biggest startup round in Australia?
The biggest startup rounds in Australia since 2 June 2025 are Firmus ($2B, 7 Aug 2026), Firmus Technologies ($505M, Growth, 6 Apr 2026) and Firmus Technologies ($326M, 14 Nov 2025).
Which sectors attract the most startup funding in the United States and Australia?
In the United States, AI ($381.8B, 78% of the capital), Robotics & Hardware ($25.4B, 5%) and Health ($21.5B, 4%) lead. In Australia, AI ($3.3B, 70% of the capital), Fintech ($399M, 9%) and Climate & Energy ($218M, 5%) lead.
Is the United States or Australia better for early-stage startups?
Early-stage rounds (Pre-Seed, Seed and Series A) make up 57% of rounds in the United States and 58% in Australia. The United States recorded 883 Pre-Seed or Seed rounds and Australia 44 Pre-Seed or Seed rounds, with a median of $6M and $1.9M.
How much growth funding (Series B and later) goes to the United States and Australia?
Startups in the United States raised $232.3B in 711 Series B or later rounds, 48% of the country's capital. In Australia, $1B in 17 rounds, 22% of the capital.
Who are the most active startup investors in the United States?
Y Combinator (178 rounds, 16 led), Andreessen Horowitz (130 rounds, 65 led) and General Catalyst (110 rounds, 39 led) are the most active investors in the United States.
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.
Which investors back startups in both the United States and Australia?
75 investors joined rounds in both countries. The most active: Alumni Ventures (64 in the United States, 1 in Australia), Accel (52 in the United States, 1 in Australia), NVIDIA (30 in the United States, 2 in Australia), Coatue (28 in the United States, 2 in Australia) and Gaingels (21 in the United States, 1 in Australia).
Which cities lead startup funding in the United States and Australia?
San Francisco leads the United States with $133.5B across 529 rounds, ahead of New York ($26.1B). Sydney leads Australia with $2.4B across 36 rounds, ahead of Melbourne ($336M).
Which month brought the most startup funding?
In the United States, March 2026 ($133.9B). In Australia, August 2026 ($2.1B).
How much did startups in the United States and Australia raise in the last 90 days?
In the 90 days to 12 Nov 2026, startups in the United States raised $49.4B across 397 rounds and in Australia $94.1M across 6 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.