Monthly roundup · Australia · July 2026

Startup funding in Australia, July 2026: Sharon AI's $1.6B Growth leads 10 rounds

By Millionrounds ResearchPublished 1 August 2026Updated 9 October 2026

We read 10 equity rounds raised in Australia and announced in July 2026, raising $2.1B between them: 5% of the rounds we read worldwide that month and 5% of the money. The largest was Sharon AI's $1.6B Growth, led by Situational Awareness. The median seed round was $1.1M, against $4.0M over the last twelve months in Australia; at Series A it was $19M.

Equity rounds10raised in Australia, 10 with an amount
Raised$2.1Bacross those rounds
Lead named80%of rounds say who led
Share of the world5%of rounds; 5% of the money

The biggest rounds

  1. 1Sharon AIGrowth · led by Situational Awareness$1.6B
  2. 2AdvanCellSeries D · led by Ally Bridge Group, Alpha Wave$315M
  3. 3Cover GeniusVenture$111M
  4. 4MMAKOSeries A · led by Virescent Ventures$19M
  5. 5Navi Medical TechnologiesVenture · led by KP Rx$6.8M
  6. 6LLendUsSeed · led by Carthona Capital$5.0M
  7. 7SuperstatPre-seed · led by Blackbird Ventures$3.5M
  8. 8Early BirdSeed · led by HYPER Ventures$1.4M
  9. 9KKlean TechnologiesSeed · led by DNX Ventures$725K
  10. 10OctopusbotSeed$694K

Day by day

Equity rounds raised in Australia and announced each day of July. The busiest day was 28 July, with 3.

1 July31 July

By stage, against the year

Each stage's median this month beside its twelve-month median: Australia's own where we hold enough rounds for a benchmark, otherwise the worldwide one.

Pre-seed1$3.5Mthis month$2.0M12 months, worldwide
Seed4$1.1Mthis month$4.0M12 months here
Series A1$19Mthis month$15M12 months here
Series D1$315Mthis month$150M12 months, worldwide
Growth1$1.6Bthis month$113M12 months, worldwide

In what

AI was the busiest sector in Australia.

Against the world

  • Rounds, Australia10
  • Rounds, worldwide216
  • Raised, Australia$2.1B
  • Raised, worldwide$41B

The whole of July 2026

Other countries in July

92 roundsUnited States→ 27 roundsUnited Kingdom→ 10 roundsGermany→ 9 roundsIndia→ 5 roundsChina→