LaunchVic report says Victorian startups raise $2.4 billion in 2025, up more than 1,000% in decade

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Victoria's Secret & Company

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  • LaunchVic released the 2025 Victorian Startup Ecosystem Mapping Report, flagging Victoria’s startup sector as a growing driver of jobs, investment, productivity.
  • Melbourne ranked third globally for startup creation rate at 124%, ahead of Sydney, Singapore, Berlin.
  • Startup employment rose 86% since 2020 to more than 68,000; headcount grew 12.9% annually in 2015-2025 versus 2.5% statewide.
  • Capital raised climbed over 1,000% in the past decade to $2.4 billion in 2025 from $214.9 million; average deal size rose 178% to $12.5 million.
  • High-performing startups reached productivity about 45% above industry average within five years; 44% export versus 8% of SMEs.


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