(Left to right): Employment Hero's Ben Thompson, Wander's Cassandra Sasso and The Martec's Raaj Govintharajah. Source: supplied/Private Media
To say this week has been a big one for funding deals to Australian startups would be an understatement. In total, we’ve counted eight local startups that have collectively raised an incredible $433 million.
To put that in perspective: a total of $739 million was raised by Australian startups in the entire third quarter of 2023, according to the latest quarterly report from Cut Through Venture.
More than half of this week’s total came from Employment Hero, which takes the mantle of the largest deal done so far this year with a $263 million Series F. Another $120 million came from Canberra based space tech company Skykraft.
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