Quiet optimism for local startups as $17b VC warchest grows despite global private capital slowdown
VC may be in a global funk, but Australia’s still stockpiling cash. New data show a 7 % jump in venture assets to A$17 b, strong AI deal growth, and younger founders dominating new‑business creation. There is hope this shows the local ecosystem has firepower and fresh blood even in a down market.


