42 SYDNEY

Startups need go no further than Sydney in their Australian entrepreneurial walkabout, which is home to more than 60% of the startups on the continent. Beauty and beer are two of the features that have brought talent to Sydney, including Atlassian, which IPOd with the ticker TEAM. Learning some hip sayings in Chinese and Arabic will go a long way in this cosmopolitan city where both languages are immensely popular. Sydney is the capital of the Australian state of New South Wales, where the government provides an innovation concierge service to help startups best work with the government… that’s rad.

VENTURE ACTIVITY Q4’15 - Q3’16

VC FUNDING: $26.2M

DEALS: 6

EXITS: 1

5 YEAR YoY FUNDING GROWTH: 77.2%

5 YEAR YoY DEAL GROWTH: 24.6%

Source: CB Insights

42

SYDNEY

VENTURE ACTIVITY Q4’15 - Q3’16

SYDNEY AT A GLANCE

Power Breakfast

Coffee Shops to Start Up In

Best Bar

Local Beer

“Must Be At” Local Events

In the Know

THE TOP

ANGELS

VCs

ACCELERATORS

ENTREPRENEURSHIP EVENTS

Q4’15 - Q3’16 TOP FUNDING ROUNDS