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

> 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...

Source: https://millionrounds.com/news/monthly/2026-07/australia (Millionrounds; every figure on the page links to its filing or article)

Equity rounds **10** raised in Australia, 10 with an amount

Raised **$2.1B** across those rounds

Lead named **80%** of rounds say who led

Share of the world **5%** of rounds; 5% of the money

## The biggest rounds

- [1 **Sharon AI** Growth · led by Situational Awareness **$1.6B**](https://millionrounds.com/company/sharon-ai)
- [2 **AdvanCell** Series D · led by Ally Bridge Group, Alpha Wave **$315M**](https://millionrounds.com/company/advancell)
- [3 **Cover Genius** Venture **$111M**](https://millionrounds.com/company/cover-genius)
- [4 M **MAKO** Series A · led by Virescent Ventures **$19M**](https://millionrounds.com/company/mako)
- [5 **Navi Medical Technologies** Venture · led by KP Rx **$6.8M**](https://millionrounds.com/company/navi-medical-technologies)
- [6 L **LendUs** Seed · led by Carthona Capital **$5.0M**](https://millionrounds.com/company/lendus)
- [7 **Superstat** Pre-seed · led by Blackbird Ventures **$3.5M**](https://millionrounds.com/company/superstat)
- [8 **Early Bird** Seed · led by HYPER Ventures **$1.4M**](https://millionrounds.com/company/earlybird)
- [9 K **Klean Technologies** Seed · led by DNX Ventures **$725K**](https://millionrounds.com/company/klean-technologies)
- [10 **Octopusbot** Seed **$694K**](https://millionrounds.com/company/octopusbot)

## Day by day

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

1 July 31 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-seed](https://millionrounds.com/benchmarks/pre-seed) *1* **$3.5M** this month **$2.0M** 12 months, worldwide

[Seed](https://millionrounds.com/benchmarks/seed/australia) *4* **$1.1M** this month **$4.0M** 12 months here

[Series A](https://millionrounds.com/benchmarks/series-a/australia) *1* **$19M** this month **$15M** 12 months here

[Series D](https://millionrounds.com/benchmarks/series-d) *1* **$315M** this month **$150M** 12 months, worldwide

[Growth](https://millionrounds.com/benchmarks/growth) *1* **$1.6B** this month **$113M** 12 months, worldwide

## In what

- [AI](https://millionrounds.com/news/monthly/2026-07/sector/ai) **5**
- [Climate Tech](https://millionrounds.com/news/monthly/2026-07/sector/climate) **2**
- [Fintech](https://millionrounds.com/news/monthly/2026-07/sector/fintech) **2**
- [Healthcare](https://millionrounds.com/news/monthly/2026-07/sector/healthcare) **2**
- [Biotech](https://millionrounds.com/news/monthly/2026-07/sector/biotech) **2**
- Aviation **1**
- [Big Data & Analytics](https://millionrounds.com/news/monthly/2026-07/sector/big-data) **1**
- Cloud **1**

AI was the busiest sector in Australia.

## Against the world

- Rounds, Australia **10**
- Rounds, worldwide **216**
- Raised, Australia **$2.1B**
- Raised, worldwide **$41B**

[The whole of July 2026](https://millionrounds.com/news/monthly/2026-07)

## Other countries in July

[92 rounds **United States** *→*](https://millionrounds.com/news/monthly/2026-07/united-states)[27 rounds **United Kingdom** *→*](https://millionrounds.com/news/monthly/2026-07/united-kingdom)[10 rounds **Germany** *→*](https://millionrounds.com/news/monthly/2026-07/germany)[9 rounds **India** *→*](https://millionrounds.com/news/monthly/2026-07/india)[5 rounds **China** *→*](https://millionrounds.com/news/monthly/2026-07/china)

**How this roundup is made**

It is written from the rounds we read that month in named articles and filings, counted by the country the company raised in. Only equity rounds with a stage count; debt, grants and public companies' raises do not. Each month the eight countries with the most equity rounds get their own roundup. We read more sources every month, so compare medians, not totals. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)
