Interactive tool: how Australian VCs have invested $9.5 billion since 2003 and how it’s being spent
Behind a great business idea is the investment to turn it into a reality. Government grants – local, state and federal – may help with that investment. But increasingly, the private sector is also stepping in to help businesses through venture capital funding. But how has venture capital investment in Australia changed over time?
Globally, venture capital investments supporting seed, startup and early stage, and later stage ventures, have almost tripled since 2010 growing from $US39.6 billion to $154.2 billion in 2019 according to the Organisation for Economic Co-operation and Development. Investment is heavily focused on the United States which accounts for 88% of venture capital investments. Australia has just 0.3% of the market. But the numbers are rising.