Startups in Australia - statistics & facts
Australia has developed a flourishing startup environment. Startup hubs in metropolitan cities, such as Sydney and Melbourne, have contributed to a melting pot of ideas and innovation as the startup scene continues to evolve. While the North American region has the highest number of unicorns worldwide, the Oceania region is also host to a few billion-dollar startups. Unicorn companies such as Canva, Judo Bank, and Airwallex are some of Australia’s most successful startup companies, with a strong presence globally. Australia ranks among the leading countries for startups worldwide, with venture capital investments supporting expansion of the nation's new businesses.
