Funded Blockchain and Cryptocurrency Startups in Australia
Sydney dominates the geographic spread in this dataset, with seven of the eleven companies headquartered there, including IREN, Block Earner, RISE Chain, D…
Sydney dominates the geographic spread in this dataset, with seven of the eleven companies headquartered there, including IREN, Block Earner, RISE Chain, Drift Protocol, RISE Labs, and Verida. Brisbane contributes two companies — Coinstash and Tokenise — while Beem (Norwood, South Australia) and GSTechnologies (Perth, Western Australia) represent the broader Australian market.
IREN is the standout by capital volume, closing a $550M round in June 2025 and a $102M round in August 2025, both classified as Series Unknown. Drift Protocol's $25M Series B in September 2024 is the next largest disclosed raise. Seven of the eleven rounds fall within 2025, spanning stages from undisclosed pre-seed raises by Tokenise and Beem to Series A rounds by Block Earner ($5M) and Coinstash ($3M).
Most recent rounds
11 shownRelated listings
Frequently asked
What are the largest disclosed rounds among Australian blockchain companies in this dataset?
IREN's $550M raise in June 2025 is the largest, followed by its own $102M raise in August 2025 — both classified as Series Unknown. Drift Protocol's $25M Series B in September 2024 is the next largest disclosed amount.
Which Australian city has the most blockchain funding activity in this dataset?
Sydney accounts for seven of the eleven rows, with companies including IREN, Block Earner, RISE Chain, Drift Protocol, RISE Labs, and Verida all based there. Brisbane has two entries (Coinstash, Tokenise), with single companies in Norwood and Perth.
Has deal activity picked up recently compared to 2024?
Seven of the eleven rounds closed between February and August 2025, compared to four in the April–September 2024 window. The concentration of deals in the first eight months of 2025 points to an accelerating pace of closes.
What funding stages are most represented in this segment?
Seed and Series Unknown each account for three rounds, followed by two each at Pre-Seed and Series A. Drift Protocol's September 2024 Series B is the most advanced stage visible in this dataset.
Are there any companies with multiple rounds visible in the data?
IREN raised twice within the period shown — $550M in June 2025 and $102M in August 2025 — making it the only company with multiple rounds and by far the largest capital recipient across all eleven rows.
Which companies did not disclose their round sizes?
Tokenise (Pre-Seed, Brisbane, March 2025) and Beem (Pre-Seed, Norwood, February 2025) both closed rounds with undisclosed amounts. Both are at the earliest funding stage represented in the dataset.
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