# Median Series A round in Australia (2026) > The median Series A round in Australia is $15M, from 31 rounds announced in the last 12 months. Half raised between $10M and $25M. Source: https://millionrounds.com/benchmarks/series-a/australia (Millionrounds; every figure on the page links to its filing or article) Funding benchmark · last 12 months # The typical Series A round in *Australia* From 31 Series A rounds announced in Australia over the last twelve months, each read from a named source. Half of them raised between $10M and $25M. See the rounds[All benchmarks](https://millionrounds.com/benchmarks) Series A Australia Median round **$15M** $6.5M 1 in 10 below $10M – $25M middle half $39M 1 in 10 above 31 rounds counted · recounted nightly Rounds counted **31** Series A rounds in Australia, last 12 months Against worldwide **-25%** vs the $20M worldwide median Since last round **-** too few earlier rounds on record Lead named **81%** of these rounds name the investor who led The trend ## Median Series A round, quarter by quarter From $13M in 2024 Q4 to $25M in 2026 Q2. Quarters with fewer than five rounds are left blank. $13M '24 Q4 6 rds $11M '25 Q1 7 rds $9.8M '25 Q2 8 rds $8.0M '25 Q3 7 rds $11M '25 Q4 9 rds $14M '26 Q1 11 rds $25M '26 Q2 9 rds '26 Q3 3 rds Who leads ## The most active leads The firms that led the most Series A rounds in Australia this year. - [1 **Airtree Ventures** 3 led](https://millionrounds.com/fund/airtree) - [2 **QIC Ventures** 2 led](https://millionrounds.com/fund/qic-ventures) - [3 **Peak XV** 1 led](https://millionrounds.com/fund/peak-xv) - [4 **Icehouse Ventures** 1 led](https://millionrounds.com/fund/icehouse-ventures) - [5 **Playground Global** 1 led](https://millionrounds.com/fund/playground-global) - [6 **Portage Ventures** 1 led](https://millionrounds.com/fund/portage-vc) Recent examples ## Series A rounds in Australia, latest first - [**Cuttable** 22 Oct 2026 Airtree Ventures $20M +33%](https://millionrounds.com/company/cuttable) - [**Archa** 13 Oct 2026 Not named $11M -27%](https://millionrounds.com/company/archa) - [**Pearler** 3 Sept 2026 Portage Ventures $16M +7%](https://millionrounds.com/company/pearler) - [**Vexev** 8 Aug 2026 Not named $8.6M -43%](https://millionrounds.com/company/vexev) - [**Southern Launch** 30 Jun 2026 Brindabella and Company $25M +67%](https://millionrounds.com/company/southern-launch) - [**Everlab** 17 Jun 2026 Airtree Ventures $65M +333%](https://millionrounds.com/company/everlab) - [**Ordermentum** 24 May 2026 Five V Capital $39M +161%](https://millionrounds.com/company/ordermentum) - [**Arkeus** 18 May 2026 QIC Ventures $25M +67%](https://millionrounds.com/company/arkeus) **How to read these figures** They come from announced rounds. Large rounds are almost always announced and many small ones never are, so the true typical round is probably a little smaller than shown, most of all at pre-seed and seed. Every round behind them is in the record with its source. [How we read rounds](https://millionrounds.com/methodology). Other stages in Australia [**Seed** $4.0M](https://millionrounds.com/benchmarks/seed/australia) Series A elsewhere [**AI** $21M](https://millionrounds.com/benchmarks/series-a/ai)[**United States** $25M](https://millionrounds.com/benchmarks/series-a/united-states)[**Fintech** $16M](https://millionrounds.com/benchmarks/series-a/fintech)[**Healthcare** $20M](https://millionrounds.com/benchmarks/series-a/healthcare)[**United Kingdom** $14M](https://millionrounds.com/benchmarks/series-a/united-kingdom)[**Robotics** $28M](https://millionrounds.com/benchmarks/series-a/robotics)[**Biotech** $32M](https://millionrounds.com/benchmarks/series-a/biotech)[**Construction** $23M](https://millionrounds.com/benchmarks/series-a/construction)[**Cybersecurity** $25M](https://millionrounds.com/benchmarks/series-a/cybersecurity)[**Big Data & Analytics** $21M](https://millionrounds.com/benchmarks/series-a/big-data)[**Software** $18M](https://millionrounds.com/benchmarks/series-a/software)[**Energy** $26M](https://millionrounds.com/benchmarks/series-a/energy)[**Manufacturing** $19M](https://millionrounds.com/benchmarks/series-a/manufacturing)[**Enterprise Software** $21M](https://millionrounds.com/benchmarks/series-a/enterprise-software)[**India** $10M](https://millionrounds.com/benchmarks/series-a/india)[**Logistics** $13M](https://millionrounds.com/benchmarks/series-a/logistics)[**Defence Tech** $25M](https://millionrounds.com/benchmarks/series-a/defensetech)[**Hardware & Electronics** $25M](https://millionrounds.com/benchmarks/series-a/hardware)[**Financial Services** $20M](https://millionrounds.com/benchmarks/series-a/financial-services)[**Climate Tech** $15M](https://millionrounds.com/benchmarks/series-a/climate)[**Healthtech** $13M](https://millionrounds.com/benchmarks/series-a/healthtech)[**SaaS** $17M](https://millionrounds.com/benchmarks/series-a/saas) ## Raising a Series A round? See who leads rounds like yours, and check your raise before you pitch. [Take the Fundability Test](https://millionrounds.com/fundability)[Or find investors](https://millionrounds.com/investor-database) ## Q&A How big is a typical Series A round in Australia? The median is $15M, from 31 Series A rounds announced in Australia in the last twelve months. Half of them raised between $10M and $25M; one in ten raised more than $39M. Which rounds are counted? Rounds announced in the last twelve months with a stated amount and stage, each read from a named article or filing. A page is only published where at least 30 rounds stand behind it. Are these figures biased? Towards larger rounds, yes. Big rounds are announced; many small ones never are. So the true typical round is probably a little smaller than the figure here, especially at pre-seed and seed. How often does it change? The figures are recounted from the record every night, as new rounds are read.