- The State of the Global Startup Economy
- Ecosystem Lifecycle Analysis
- Global Startup Ecosystem Ranking 2022 (Top 30 + Runners-Up)
- Rankings 2022: Top 100 Emerging Ecosystems
- Global Startup Sub-Sector Analysis
- Why Founders Should Be Open and Direct About Their Values
- What You Need to Know Before You Start Fundraising
- Diversity in Startups: When it Helps and When it Hurts
- Three Essentials To Creating a Strong Sense of Community in Emerging Ecosystems
- How to Get Mentoring Right
- Europe Insights, Rankings & Ecosystem Pages
- London’s Tech Scene: A World-Class Ecosystem Competing on a Global Scale
- Discover Portugal: An Unbeatable Value Proposition for Startups
- How Startups are Creating a Future-Proof Economy in Rotterdam
- North America Insights, Rankings & Ecosystem Pages
- Local Connectedness Is Driving Indiana’s Thriving Startup Ecosystem
The Global Startup Ecosystem Report 2022
Oceania Insights, Rankings & Ecosystem Pages
Oceania has seen 50% growth in $50 million+ exits between 2020 and 2021. Early-stage funding in the region has increased by 80% in the same period. Oceania created five new unicorns in the GSER 2022 time range, including Fintech Airwallex, people and culture analytics platform Culture Amp, and enterprise compliance checking platform SafetyCulture.
The region’s leading sub-sector is Fintech, which makes up 31% of Oceania’s total VC funding from 2017 to 2021.
Sydney is Oceania’s biggest ecosystem, with the majority of Australia’s tech startups based here. The ecosystem moved up four places from last year, to #20 in the global rankings, and its $67 billion Ecosystem Value is in large part due to design platform Canva’s $39 billion valuation.
Melbourne is also a regional leader. The ecosystem saw two $1 billion+ exits (MessageMedia and business-to-business payment solutions provider Optal, which was acquired by Wex) and its Knowledge factor increased from last year due to a 21% increase in the count of patents. New Zealand has also shown huge growth since last year, with seven exits over $50 million and a doubling in Ecosystem Value to $4.6 billion.
Key Findings
- Oceania has seen 50% growth in $50 million+ exits between 2020 and 2021.
- Early-stage funding in the region has increased by 80% in the same period.
- Oceania produced five unicorns, including Fintech Airwallex, people and culture analytics platform Culture Amp, and enterprise compliance checking platform SafetyCulture.
- Sydney moved up four places from last year, to #20.
- New Zealand experienced seven exits over $50 million and doubled its Ecosystem Value to $4.6 billion since 2020.