Recently Funded Startups in Victoria (Sep-2025)
Last Updated: 3-Sep-2025
The startup ecosystem in Victoria is thriving as it demonstrates notable resilience and innovation in 2025. With a total of 229 startups tracked, the state has shown a substantial increase in funding activity compared to previous years, highlighting its growing prominence within the Australian startup landscape. As enterprises navigate challenges and tap into new market opportunities, funding proves crucial for fuels growth, enabling startups to scale their operations, develop new technologies, and attract top talent in a competitive environment.
In 2025, Victoria’s startups have collectively raised approximately $258.9 million in funding, with energy, artificial intelligence (AI), and app development emerging as the most actively supported industries. This uptick in financial backing is a testament to the state’s robust innovation ecosystem, which encourages collaboration between startups, investors, and government entities. As entrepreneurs continue to leverage cutting-edge technologies and address pressing societal needs, the future looks bright for Victoria’s dynamic startup scene.
Funding Highlights
- Total number of startups tracked: 229
- Number of startups that raised funding last year: 53
- Number of startups that raised funding this year: 34
- Total funding raised this year so far: $258,882,500 USD
- Largest deal: RayGen, Series D, $79,000,000 USD
- Top industries by funding amount: Energy – $113,353,600 USD, Artificial Intelligence (AI) – $50,700,000 USD, Apps – $26,100,000 USD
- Top industries by number of deals this year: Energy – 6 deals, Artificial Intelligence (AI) – 4 deals, Information Technology – 4 deals
Full List of Recently Funded Startups in Victoria
| Company | Country | State | Round | Amount | Date | Industry |
|---|---|---|---|---|---|---|
| Melbana Energy | Australia | Victoria | Series Unknown | $4.5M | 2025-08-21 | Energy |
| Propanc | Australia | Victoria | Series Unknown | $2.6M | 2025-08-14 | Biotechnology |
| Cuttable | Australia | Victoria | Seed | $4.5M | 2025-08-11 | Advertising |
| Security Matters | Australia | Victoria | Series Unknown | $3M | 2025-08-05 | Information Technology |
| 1receipt® | Australia | Victoria | Series Unknown | $45.3K | 2025-07-21 | Commerce and Shopping |
| Orion Minerals | Australia | Victoria | Series Unknown | $3.8M | 2025-07-08 | Manufacturing |
| NexusMD.ai | Australia | Victoria | Seed | $4.1M | 2025-06-24 | Artificial Intelligence (AI) |
| FoundIt | Australia | Victoria | Pre-Seed | $2M | 2025-06-24 | Financial Services |
| Voltavate | Australia | Victoria | Pre-Seed | $553.6K | 2025-06-11 | Energy |
| Amber Electric | Australia | Victoria | Series Unknown | $29.7M | 2025-06-04 | Energy |
| KCA Virtuality | Australia | Victoria | Pre-Seed | Undisclosed | 2025-05-23 | Advertising |
| Termina | Australia | Victoria | Seed | $3M | 2025-05-23 | Energy |
| EatClub | Australia | Victoria | Series A | $11.7M | 2025-05-16 | Food and Beverage |
| Plexus | Australia | Victoria | Series Unknown | $3.9M | 2025-05-14 | Information Technology |
| Security Matters | Australia | Victoria | Series Unknown | $3.5M | 2025-05-08 | Information Technology |
| Blinq | Australia | Victoria | Series A | $25M | 2025-05-06 | Apps |
| DARE Venture Group | Australia | Victoria | Seed | $317K | 2025-05-01 | Financial Services |
| CosmoAesthetics | Australia | Victoria | Seed | $3M | 2025-05-01 | Health Care |
| RayGen | Australia | Victoria | Series D | $79M | 2025-04-10 | Energy |
| Support Fusion | Australia | Victoria | Pre-Seed | $160K | 2025-04-09 | Software |
| Atomos | Australia | Victoria | Series Unknown | $13.7M | 2025-04-03 | Consumer Electronics |
| Portable | Australia | Victoria | Series Unknown | $688.9K | 2025-04-01 | Professional Services |
| EntroMat | Australia | Victoria | Seed | $1M | 2025-03-27 | Manufacturing |
| KCA Virtuality | Australia | Victoria | Pre-Seed | Undisclosed | 2025-03-27 | Advertising |
| Global IT Factory | Australia | Victoria | Series Unknown | Undisclosed | 2025-03-27 | Information Technology |
| Arkeus | Australia | Victoria | Series Unknown | $3.2M | 2025-03-20 | Information Technology |
| PHNXX | Australia | Victoria | Seed | $1.1M | 2025-03-10 | Energy |
| Incannex Healthcare | Australia | Victoria | Series Unknown | $7.9M | 2025-03-07 | Community and Lifestyle |
| Esper Satellite Imagery | Australia | Victoria | Seed | $3.1M | 2025-03-04 | Agriculture and Farming |
| Magic Valley | Australia | Victoria | Series Unknown | $63.5K | 2025-02-18 | Food and Beverage |
| Factor House | Australia | Victoria | Seed | $3.2M | 2025-02-13 | Science and Engineering |
| 1receipt® | Australia | Victoria | Series Unknown | $63.2K | 2025-02-13 | Commerce and Shopping |
| Minikai | Australia | Victoria | Seed | $1.6M | 2025-02-11 | Artificial Intelligence (AI) |
| Ena Respiratory | Australia | Victoria | Series Unknown | $5M | 2025-02-10 | Biotechnology |
| MyGigsters | Australia | Victoria | Seed | $1.1M | 2025-01-29 | Apps |
| Harrison.ai | Australia | Victoria | Series C | $20M | 2025-01-29 | Artificial Intelligence (AI) |
| Qsic | Australia | Victoria | Series B | $25M | 2025-01-28 | Artificial Intelligence (AI) |
| Spoony | Australia | Victoria | Pre-Seed | $1M | 2025-01-28 | Commerce and Shopping |
| Local Brewing Co. | Australia | Victoria | Series Unknown | $400K | 2025-01-20 | Food and Beverage |
| Flowing Bee | Australia | Victoria | Pre-Seed | $991K | 2025-01-01 | Advertising |
| PHNXX | Australia | Victoria | Series Unknown | Undisclosed | 2025-01-01 | Energy |
| JET Charge | Australia | Victoria | Series C | $44.9M | 2024-12-19 | Consumer Electronics |
| IDA | Australia | Victoria | Series Unknown | Undisclosed | 2024-12-18 | Financial Services |
| CapStack | Australia | Victoria | Seed | Undisclosed | 2024-12-14 | Financial Services |
| Birchal | Australia | Victoria | Series Unknown | $1.3M | 2024-12-11 | Financial Services |
| Conry Tech | Australia | Victoria | Pre-Seed | $1.6M | 2024-12-10 | Energy |
| Umps Health | Australia | Victoria | Series A | $4M | 2024-12-06 | Health Care |
| TALY | Australia | Victoria | Pre-Seed | $500K | 2024-12-04 | Administrative Services |
| Orkestra | Australia | Victoria | Series Unknown | $1.8M | 2024-11-07 | Energy |
| BuildPass | Australia | Victoria | Seed | $7.5M | 2024-10-24 | Information Technology |
| NanoCube | Australia | Victoria | Series Unknown | $3M | 2024-10-22 | Administrative Services |
| Conflux Technology | Australia | Victoria | Series B | $7.4M | 2024-10-21 | Manufacturing |
| Snapcash | Australia | Victoria | Pre-Seed | Undisclosed | 2024-10-16 | Financial Services |
| Cell Bauhaus | Australia | Victoria | Pre-Seed | Undisclosed | 2024-10-10 | Biotechnology |
| Mutinex | Australia | Victoria | Series Unknown | $11.8M | 2024-10-10 | Artificial Intelligence (AI) |
| Directo | Australia | Victoria | Series Unknown | $1.3M | 2024-09-10 | Commerce and Shopping |
| Compass Education | Australia | Victoria | Series Unknown | Undisclosed | 2024-08-20 | Consumer Electronics |
| Spoony | Australia | Victoria | Pre-Seed | $149.2K | 2024-08-14 | Commerce and Shopping |
| Kinoxis Therapeutics | Australia | Victoria | Series B | $9.6M | 2024-08-12 | Biotechnology |
| Apromore | Australia | Victoria | Series B | $15M | 2024-08-06 | Artificial Intelligence |
| TOTEX | Australia | Victoria | Pre-Seed | $78.1K | 2024-08-02 | Information Technology |
| InvestorHub | Australia | Victoria | Series A | $5M | 2024-07-29 | Financial Services |
| Tie Up Farming | Australia | Victoria | Seed | Undisclosed | 2024-07-24 | Software |
| Cuttable | Australia | Victoria | Seed | $5.5M | 2024-07-23 | Advertising |
| Telix Pharmaceuticals | Australia | Victoria | Series Unknown | $431.4M | 2024-07-23 | Biotechnology |
| JigSpace | Australia | Victoria | Series Unknown | $13M | 2024-07-12 | Education |
| 1receipt® | Australia | Victoria | Series Unknown | $15.8K | 2024-07-09 | Commerce and Shopping |
| Jadeed | Australia | Victoria | Series Unknown | Undisclosed | 2024-07-09 | Energy |
| ATEC | Australia | Victoria | Series A | $3.8M | 2024-07-01 | Energy |
| Cape Bionics | Australia | Victoria | Series Unknown | Undisclosed | 2024-07-01 | Health Care |
| Qualitas Group | Australia | Victoria | Series Unknown | $367.2M | 2024-06-26 | Financial Services |
| Affinda | Australia | Victoria | Series Unknown | $10M | 2024-06-24 | Artificial Intelligence (AI) |
| RadioPharm Theranostics | Australia | Victoria | Series Unknown | $5M | 2024-06-20 | Biotechnology |
| Opthea | Australia | Victoria | Series Unknown | $114.3M | 2024-06-12 | Biotechnology |
| Atticus | Australia | Victoria | Series Unknown | $7.1M | 2024-06-10 | Information Technology |
| Bare | Australia | Victoria | Series Unknown | $661.8K | 2024-05-22 | Community and Lifestyle |
| SpatialGPT.ai | Australia | Victoria | Seed | $3.4M | 2024-05-22 | Artificial Intelligence (AI) |
| Maslow | Australia | Victoria | Series Unknown | $409.7K | 2024-05-17 | Community and Lifestyle |
| handdii | Australia | Victoria | Series Unknown | Undisclosed | 2024-05-15 | Commerce and Shopping |
| LOKE | Australia | Victoria | Seed | Undisclosed | 2024-04-24 | Financial Services |
| WorkRex | Australia | Victoria | Pre-Seed | $142.2K | 2024-04-23 | Information Technology |
| RayGen | Australia | Victoria | Series D | $32.9M | 2024-04-22 | Energy |
| Bygen | Australia | Victoria | Series A | $1.7M | 2024-04-15 | Environmental Services |
| Grown Alchemist | Australia | Victoria | Series Unknown | $30M | 2024-04-02 | Commerce and Shopping |
| Marmalade | Australia | Victoria | $10.5M | 2024-03-19 | Financial Services | |
| Doohly | Australia | Victoria | $328K | 2024-03-15 | Advertising | |
| Esper Satellite Imagery | Australia | Victoria | $650.4K | 2024-03-05 | Agriculture and Farming | |
| Kismet | Australia | Victoria | $8.2M | 2024-03-04 | Health Care | |
| Jupiter Ionics | Australia | Victoria | $5.9M | 2024-03-04 | Health Care | |
| RadioPharm Theranostics | Australia | Victoria | Series Unknown | $1.2M | 2024-02-21 | Biotechnology |
| Marqo | Australia | Victoria | Series A | $12.5M | 2024-02-13 | Data and Analytics |
| GigaComm | Australia | Victoria | Series Unknown | Undisclosed | 2024-02-08 | Hardware |
| Kite Therapy | Australia | Victoria | Pre-Seed | Undisclosed | 2024-02-08 | Technology |
| Ultra Violette | Australia | Victoria | Series Unknown | $9.9M | 2024-01-24 | Commerce and Shopping |
| Prota Therapeutics | Australia | Victoria | Series Unknown | $21M | 2024-01-16 | Biotechnology |
| OpenInvest | Australia | Victoria | Series Unknown | Undisclosed | 2023-12-15 | Financial Services |
| Birchal | Australia | Victoria | Series Unknown | $799.5K | 2023-12-13 | Financial Services |
| Elliephant | Australia | Victoria | Pre-Seed | $367.4K | 2023-11-23 | Commerce and Shopping |
| Psychae Therapeutics | Australia | Victoria | Pre-Seed | $2.9M | 2023-11-12 | Biotechnology |
| Conundrm | Australia | Victoria | Seed | $3M | 2023-11-02 | Artificial Intelligence (AI) |
| Heidi Health | Australia | Victoria | Series A | $6.4M | 2023-10-25 | Artificial Intelligence |
| LAB Group | Australia | Victoria | Series Unknown | $4.1M | 2023-10-23 | Financial Services |
| Orkestra | Australia | Victoria | Seed | $2M | 2023-10-19 | Energy |
| Outstaffer | Australia | Victoria | Seed | $1.5M | 2023-10-17 | Administrative Services |
| DomaCom | Australia | Victoria | Series Unknown | $1.3M | 2023-10-10 | Financial Services |
| Gridmo | Australia | Victoria | Seed | $318.5K | 2023-10-05 | Energy |
| Smileyscope | Australia | Victoria | Seed | Undisclosed | 2023-10-03 | Hardware |
| Infravision | Australia | Victoria | Series A | $23M | 2023-09-27 | Design |
| Tally Group | Australia | Victoria | Series Unknown | $80M | 2023-09-07 | Information Technology |
| Liberate Learning | Australia | Victoria | Series Unknown | Undisclosed | 2023-09-01 | Education |
| Opthea | Australia | Victoria | Series Unknown | $57.7M | 2023-08-24 | Biotechnology |
| Maple Finance | Australia | Victoria | Series Unknown | $5M | 2023-08-22 | Financial Services |
| Programa | Australia | Victoria | Series A | $4.9M | 2023-08-10 | Administrative Services |
| Navi Medical Technologies | Australia | Victoria | Series Unknown | $2.4M | 2023-08-01 | Health Care |
| ReadiiTel | Australia | Victoria | Seed | $2M | 2023-07-30 | Information Technology |
| Jervois | Australia | Victoria | Series Unknown | $5M | 2023-07-28 | Natural Resources |
| 1receipt® | Australia | Victoria | Series Unknown | $16.7K | 2023-07-19 | Commerce and Shopping |
| SENSAND | Australia | Victoria | Series Unknown | $4M | 2023-07-07 | Agriculture and Farming |
| Kali Healthcare | Australia | Victoria | Pre-Seed | $500K | 2023-07-04 | Community and Lifestyle |
| Brane | Australia | Victoria | Seed | Undisclosed | 2023-07-01 | Artificial Intelligence |
| frntlne | Australia | Victoria | Seed | $3.1M | 2023-06-20 | Apps |
| Orbitkey | Australia | Victoria | Series Unknown | $112.2K | 2023-06-15 | Community and Lifestyle |
| Nutromics | Australia | Victoria | Seed | $7.3M | 2023-06-08 | Biotechnology |
| CarCloud | Australia | Victoria | Series Unknown | $796.8K | 2023-06-02 | Commerce and Shopping |
| MASH | Australia | Victoria | Seed | $2M | 2023-06-01 | Advertising |
| Carbon Revolution | Australia | Victoria | Series Unknown | $60M | 2023-05-24 | Manufacturing |
| Immersion Group | Australia | Victoria | Series Unknown | Undisclosed | 2023-05-22 | Agriculture and Farming |
| Kismet | Australia | Victoria | Pre-Seed | $4M | 2023-05-16 | Health Care |
| Finspo | Australia | Victoria | Series D | $1.7M | 2023-05-16 | Financial Services |
| 4DMEDICAL | Australia | Victoria | Series Unknown | $13.6M | 2023-05-08 | Health Care |
| Bluechiip Limited | Australia | Victoria | Series Unknown | $2.2M | 2023-05-05 | Consumer Electronics |
| InvestorHub | Australia | Victoria | Series Unknown | $4M | 2023-05-02 | Financial Services |
| ARGOS Cloud Security | Australia | Victoria | Pre-Seed | $109.7K | 2023-05-01 | Information Technology |
| Mesoblast | Australia | Victoria | Series Unknown | $40M | 2023-04-26 | Biotechnology |
| Circle In | Australia | Victoria | Series Unknown | $2M | 2023-04-12 | Human Resources Services |
| JigSpace | Australia | Victoria | Series A | $5.2M | 2023-04-06 | Education |
| FLAIM Systems | Australia | Victoria | Series A | $4.5M | 2023-03-29 | Education |
| GetMee | Australia | Victoria | Series Unknown | $267.2K | 2023-03-22 | Software |
| Mindset Health | Australia | Victoria | Series A | $11.9M | 2023-03-21 | Health Care |
| The Beautiful Bunch | Australia | Victoria | Series Unknown | $37K | 2023-03-15 | Community and Lifestyle |
| Digital Agriculture Services | Australia | Victoria | Series Unknown | $2M | 2023-03-14 | Agriculture and Farming |
| More Good Days | Australia | Victoria | Seed | $3.5M | 2023-03-12 | Health Care |
| Thirdroc | Australia | Victoria | Pre-Seed | $125K | 2023-03-10 | Financial Services |
| Weploy | Australia | Victoria | Series Unknown | $5M | 2023-03-03 | Community and Lifestyle |
| Derwent Industries | Australia | Victoria | Series Unknown | $10.3M | 2023-02-19 | Manufacturing |
| Genetic Technologies | Australia | Victoria | Series Unknown | $5M | 2023-02-03 | Biotechnology |
| Lenexa Medical | Australia | Victoria | Seed | $1M | 2023-02-03 | Health Care |
| CosmoAesthetics | Australia | Victoria | Series A | $3M | 2023-02-01 | Health Care |
| Relectrify | Australia | Victoria | Series Unknown | Undisclosed | 2023-01-25 | Energy |
| Eclipse AI | Australia | Victoria | Seed | Undisclosed | 2023-01-23 | Software |
| Ena Respiratory | Australia | Victoria | Series Unknown | $4.4M | 2023-01-09 | Biotechnology |
| Aerotruth | Australia | Victoria | Seed | $1.3M | 2022-12-23 | Information Technology |
| Aravax | Australia | Victoria | Series B | $20M | 2022-12-20 | Biotechnology |
| Zipline.io | Australia | Victoria | Series Unknown | $10M | 2022-12-15 | Health Care |
Frequently Asked Questions
Q1. Where can I find recently funded startups in Victoria, Australia?
You can explore our full list of startups that raised funding this month above. You can also subscribe to our free plan to get weekly alerts.
Q2. How many startups in Victoria, Australia were funded this year and last year?
34 startups raised funding in Victoria, Australia so far this year and 53 did last year; we track 229 startups in the region.
Q3. Which industries are trending among recently funded startups in Victoria, Australia?
By funding amount: Energy $113,353,600; Artificial Intelligence $50,700,000; Apps $26,100,000. By number of deals: Energy 6, AI 4, Information Technology 4.
Q4. What is the total funding raised this year and the largest deal in Victoria, Australia?
Total funding so far this year is USD 258,882,500; the largest deal was RayGen, Series D, at USD 79,000,000.
Q5. How can I connect with these startups in Victoria, Australia?
You can subscribe to our premium plan for verified CEO and decision-maker contacts.
