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Venture Pulse: Q4 2018 Global analysis of venture funding

Venture Pulse Report – Q4 2018

Venture Pulse is a quarterly global venture capital (VC) trends report published by KPMG Enterprise and KPMG's Global Network for Innovative Startups. The report analyses the latest global trends in venture capital investment data and provides insights from both a global and Australian perspective.

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Australian trends

Venture capital invested in Australia hit a record US$899 million in 2018, up from US$659.9 million in 2017, according to the Venture Pulse Q4 2018 report.

During the last quarter of 2018, US$147.1 million of startup investment was recorded in Australia. Major funding deals included:

  • Deputy’s US$81 million Series B round
  • Nura’s US$21 million Series A round 
  • Gilmour Space Technologies US$13.9 million Series B round.

In the last quarter of 2018, 15 deals were made which is significantly less than in Q3 when 41 deals were made with an investment of US$325.16 million into the ecosystem. However, as Amanda Price, Head of High Growth Ventures comments, "2018 was the biggest year ever for VC investment into Australian startups. For the first time we are starting to see a steady flow of major funding rounds over US$10 million aimed at helping locally founded businesses take on global markets. In Australia the diversity of the startups being funded is testament to the scale of the economy and opportunity."

Global trends

Globally, the final quarter of 2018 saw nearly US$64 billion in VC investment globally, led by a $12.8 billion funding round to US-based e-cigarette manufacturer Juul. The VC deal, second only to the $14 billion raised by China’s Ant Financial in Q2’18, helped propel annual VC investment globally from $175 billion in 2017 to $255 billion in 2018.

Read the full report for details.

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