Climate Tech Continues the Heat in Cut Through Ventures Q1 Report
A strong start to the year for capital raising across Australia with Climate tech raising $108M
2025 is starting strong for startups raising capital across Australia!
$993 million raised across 100 deals, our best start to the year since 2022 - Cut Through Ventures
Activity was evenly spread across stages, with Pre-Seed through to Series B+ all seeing solid volume. Despite the concern from the US pulling out of the Paris Agreement and an election year in Australia, Climate Tech took out the second spot for most capital raised with 10 deals fruiting $108Million.
Proving again that the sector transcends political discourse to make good business sense.
Investor sentiment continued to improve. Portfolio health lifted, shutdowns declined, and most investors reported seeing more deals, and of better quality. Valuations rose across the board, with Series A median round sizes hitting record highs. But the picture isn’t without friction, with mid-sized deal announcements dropping to their lowest level since mid-2023. There are also plenty of known and unknown macro-unknowns making their presence felt by the ecosystem.
Read the full report here.
