April 9, 2024

Cut Through Quarterly 1Q 2024

Australian venture capital funding report for 1Q 2024.

Australian Funding Ecosystem

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Funding News & Analysis

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Welcome to the Q1 edition of Cut Through Quarterly, replacing our monthly report. A big thanks to our supporters HSBC, Corrs, and GXE, to the 80 investors who completed our Investor Sentiment Survey.

It was a slow start to 2024, with the lowest number of reported deals in more than five years. There were bright spots, though, including an all-time high level of funding to an all-female founder-led team, two brand-new unicorns, and a total funding figure that pipped Q1 of 2023.

We hope you find the report useful. You can read the report here.


The Cut Through Team