We commence the report amidst challenging times for many Australian startups. In Q1, 9% of surveyed investors saw at least one of their portfolio companies shutter operations. With limited immediate startup funding, founders must deliver growth while significantly managing costs.
While we don't enjoy reporting negative news, we believe that providing reliable insights into the funding landscape is even more critical during a challenging environment.
You can read the report here, or here.
Thanks,
The Cut Through Team
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