Australian Venture Capital: Q2 2025 snapshot

Q2 2025 saw $812M raised across 76 deals, but deal volume hit a two-year low; a sign that Australia’s VC recovery remains uneven. AI emerged as a dominant force, breaking into the top 5 sectors and featuring in over half of software pitches. Early-stage funding surged, especially at pre-seed, where deals are closing fast with minimal materials. Despite upbeat investor sentiment, gender disparities worsened, with just 0.5% of funding going to all-female teams.