Funded Artificial Intelligence Startups in Australia
New South Wales — led by Sydney and inner suburbs like Surry Hills and Cremorne — accounts for the largest share of entries across these 50 rounds, with Me…
New South Wales — led by Sydney and inner suburbs like Surry Hills and Cremorne — accounts for the largest share of entries across these 50 rounds, with Melbourne and Victoria forming a secondary cluster. The most recent and largest disclosed round is Heidi Health's $65M Series B, closed October 10, 2025; the same company raised a $6M Series A in October 2023, illustrating how round size can scale within a two-year span. Other sizeable 2025 raises include Lorikeet's $35M Series A (August 2025), Qsic's $25M Series B (January 2025), and Relevance AI's $24M Series B (May 2025).
These 50 entries span late 2022 through October 2025, with 2024 and 2025 each contributing more than 15 rounds. Pre-seed and seed rounds dominate by count — accounting for more than half the entries — while Series B and C rounds represent the highest individual disclosed amounts. Health-adjacent names recur across multiple entries and stages, including Harrison.ai (Series C, $20M, January 2025), NexusMD.ai (Seed, $4M, June 2025), and HealthMatch (Series C, $7M, September 2022).
Most recent rounds
50 shownRelated listings
Frequently asked
What are the largest disclosed rounds among recently funded Australian AI startups?
Heidi Health leads with a $65M Series B closed October 10, 2025. Lorikeet raised $35M in a Series A in August 2025, followed by Qsic ($25M Series B, January 2025) and Relevance AI ($24M Series B, May 2025). Harrison.ai (Series C, January 2025) and Fivecast (Series A, April 2023) each disclosed $20M rounds.
Which Australian cities have the most funded AI companies in this data?
Sydney and its inner suburbs — including Surry Hills, Cremorne, North Sydney, and Darlinghurst — account for well over half the 50 entries. Melbourne and surrounding areas (South Melbourne, Carlton, Prahran) form the second-largest cluster. Brisbane, Canberra, and Adelaide each appear in isolated entries; Fivecast (Adelaide) and Haast (Canberra) are examples.
How does funding stage break down across these 50 entries?
Pre-seed (11 entries) and seed (16 entries) together account for more than half the dataset. Series Unknown rounds — where the specific series is not disclosed — appear in 11 entries including Decidr, Mutinex, and Affinda. Series A through C rounds are fewer in number but carry the largest ticket sizes, topped by Heidi Health's $65M Series B.
Have any companies raised multiple rounds visible in this data?
Heidi Health appears twice: a Series A ($6M, October 2023) and a Series B ($65M, October 2025), roughly a 10x step-up in round size over two years. Brainfish also shows two seed entries — $3M in May 2024 and $6M in July 2025 — suggesting a follow-on seed or seed extension round.
How has the pace of funding rounds shifted across the years covered here?
2024 has the most entries with 17, followed by 2025 with 16 through October. 2023 contributes 12 entries and 2022 contributes 5, though the 2022 figure covers only September through December. The two largest individual rounds — Heidi Health's $65M and Lorikeet's $35M — both closed in 2025.
Is healthcare a visible focus area within Australian AI funding shown here?
Health-adjacent company names appear across multiple stages: Heidi Health ($65M Series B, 2025), Harrison.ai ($20M Series C, January 2025), NexusMD.ai ($4M Seed, June 2025), HealthMatch ($7M Series C, September 2022), and SimConverse ($990K Seed, March 2023). Together they span seed through Series C and include some of the larger disclosed amounts in the data.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.