Learn more about Victoria’s $130 billion startup sector.
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Victoria is home to more than 3,500 startups – technology-driven companies that use innovative business models and technology to grow quickly and service global markets.
The enterprise value of Victoria’s entire startup ecosystem (including startups, scaleups and unicorns) is now $130 billion.
Melbourne’s early-stage Ecosystem Value has increased to $38.4 billion – up from $23.6 billion in 2022.
A startup ecosystem is a network of resources — people, investors, institutions, and companies — that works together to create an environment for startups to thrive.
The stronger the ecosystem the more likely a startup will be successful.
HealthTech is Victoria’s joint largest sub sector, home to unicorns PolyNovo, Mesoblast, Clinuvel and Telix Pharmaceuticals.
Enterprise software is the other top sector. The technology to automate operations and help companies get the most out of every data point they hold.
Freshly minted unicorns like Zeller and Judo Bank are quickly establishing Victoria as a global FinTech hub.
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Alongside our flagship programs 30X30 and CivVic Labs, LaunchVic partners with world-class organisations to deliver accelerators, incubators, workshops, events and more to a diverse range of startup founders in Victoria.
Check out our Programs Directory to connect to a wide variety of LaunchVic-funded activity.
