Australia's technology sector has staged a defiant recovery, with start-up funding surging to $5.1 billion in 2025—a $1 billion increase over the previous year.
According to the latest State of Australian Start-up Funding report by Cut Through Venture and Folklore Ventures, this "AI gold rush" marks the strongest investment period since the 2022 market correction.
Artificial Intelligence now dominates the landscape, accounting for 61% of all capital deployed, as local investors shrug off concerns of a speculative bubble.
The year was defined by massive "mega-rounds" concentrated among industry titans.
Firmus Technologies, an AI infrastructure player, secured a staggering $830 million—including backing from Nvidia—to become the nation’s newest "unicorn" with a $6 billion valuation.