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News 24 June 2025

Climate tech leads in early-stage startups

Giant Leap's latest Impact Startup Benchmark Report demonstrates the resilience and demand for climate and impact in early stage investment. 

Giant Leap Startup Benchmark report

The data doesn’t lie: Impact startups are rising against the tide

 

Melbourne-based Impact investors Giant Leap’s 2025 Impact Startups Benchmark Report is now live! It's a deep dive into the past three years of Australia’s impact startup ecosystem, exploring how founders have navigated change, where capital has flowed and the trends shaping what’s next across climate, health and people.

"We are proud to announce the launch of our 2025 Impact Startups Benchmark Report which will be distributed in our Small Steps newsletter on Thursday. (Link in comments.)

Australia’s early‑stage market has seen its toughest run in two years, moving from a feeling of abundance to one of scarcity. Conventional wisdom says when times get tight, people retreat inward. That’s what we’re seeing in the media but the data tells a very different story.

Yes, some sectors have contracted, but when it comes to impact, funding hasn’t just held; it’s grown in proportion." - Rachel Yang, General Partner at Giant Leap 

Climate tech and health tech remain the top-funded sectors in 2024 and into early 2025. 41.5% of all early-stage investment went to impact startups in 2024—up from 38.9% in 2022, rebounding from a peak of 55.6% in 2023.



The takeaway? The biggest problems of our time create the biggest commercial opportunities for those bold enough to tackle them.

The report was produced in collaboration with Cut Through Venture 

Read the full Report here

 

our acknowledgement

The City of Melbourne respectfully acknowledges the Traditional Owners of the land we govern, the Wurundjeri Woi-wurrung and Bunurong / Boon Wurrung peoples of the Kulin and pays respect to their Elders past and present.

We acknowledge and honor the unbroken spiritual, cultural and political connection they have maintained to this unique place for more than 2000 generations.

We accept the invitation in the Uluru Statement from the Heart and are committed to walking together to build a better future.