Research: Australian startups raised AU$7.4B across 712 deals in 2022, down from AU$10.6B across 731 deals in 2021, as six startups hit unicorn status (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
Research: Australian startups raised AU$7.4B across 712 deals in 2022, down from AU$10.6B across 731 deals in 2021, as six startups hit unicorn status  —  Venture-capital investments in Australia plunged by about a third in 2022, following the lead of listed global technology companies and venture markets.