Victoria
State · Australia · Pop. 6.9M · #46 region by EV
* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.
Largest rounds
Largest funding rounds in Victoria
A live treemap of the largest VC rounds. Each cell is one round into Victoria-headquartered companies, grouped by Dealroom sector.
Largest rounds in Victoria - 2026
VC investment
How much venture capital flows into Victoria
VC investment into Victoria-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Location comparison
How Victoria stacks up
Compare Victoria with peers from the same country (Australia) — switch between combined EV, EV growth, and a growth × size view. Expand the table for the full ranking.
Combined enterprise value of each ecosystem.
Top regions in Australia ranked by combined EV. Victoria's row is highlighted (#2).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | New South Wales | $183B | 12.2× | 22 | $1.3B | 2,314 |
| 2 | Victoria | $64.2B | 5.9× | 21 | $1.6B | 1,430 |
| 3 | Queensland | $15B | 6.7× | 5 | $235.5M | 642 |
| 4 | Western Australia | $5.7B | 7.0× | 1 | $60.3M | 279 |
| 5 | Tasmania | $4.3B | 370.1× | 1 | $573.2M | 31 |
| 6 | South Australia | $3.1B | 12.1× | 1 | $58.9M | 156 |
Premium analytics
What we don't show on this page (yet)
Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Victoria dataset — or see a sample on the Dealroom app.
More data
Explore Dealroom data →Get the full Victoria ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.