Cut Through’s latest funding report says international investment in Aussie startups isn’t as bad as it seems

The latest Cut Through Quarterly report is out, and with it comes a total of $739 million raised across 77 deals during Q3 in Australia. But what caught our eye was its analysis regarding international investors during the period.

Chris Gillings, founder of Cut Through Venture, said that despite some of the chatter out in market – the Australian startup ecosystem is still attracting international investors.

“A closer look at the data reveals a more nuanced situation, indicating sustained and possibly even intensified (in the scheme of things) international interest in Australian startups,” Gillings said in the report.

According to Cut Through’s research, the percentage of deals that included an international investor reached “an unprecedented high across all funding rounds” during 2023.