Western Australia
State · Australia · Pop. 2.9M
* 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.
Quarterly report
Western Australia's latest quarter in venture capital
VC raised by Western Australia-headquartered companies in the quarter shown, against the quarter before and the same quarter a year earlier.
Latest complete quarter
Loading VC raised by Western Australia-headquartered companies…
Largest rounds
Largest funding rounds in Western Australia
A live treemap of the largest VC rounds. Each cell is one round into Western Australia-headquartered companies, grouped by Dealroom sector.
Largest rounds in Western Australia - 2026
VC investment
How much venture capital flows into Western Australia
VC investment into Western Australia-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage.
Academia
Western Australia's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Western Australia.
Location comparison
How Western Australia stacks up
Compare Western Australia 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. Western Australia's row is highlighted (#4).
| # | Ecosystem | Combined EV | EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | New South Wales | $182B | 14.9× | 23 | $1.3B | 2,381 |
| 2 | Victoria | $65.5B | 9.2× | 21 | $1.6B | 1,459 |
| 3 | Queensland | $15.9B | 7.2× | 5 | $236.4M | 647 |
| 4 | Western Australia | $5.7B | 7.0× | 1 | $60.3M | 281 |
| 5 | Tasmania | $4.3B | 370.1× | 1 | $573.2M | 31 |
| 6 | South Australia | $3.1B | 12.1× | 1 | $59M | 161 |
More data
Explore Dealroom data →Get the full Western Australia ecosystem on Dealroom
Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.