Startups and Scaleups in Melbourne
Melbourne’s startup ecosystem is leading Australia in generating a new foundation for economic prosperity.
Activation success. Melbourne has raced through the activation phase of the ecosystem lifecycle, creating scores of accelerators, coworking spaces, and other startup support organisations. The state government, through LaunchVic, has committed millions of dollars to building this support infrastructure for startups.
High startup Output. With around 1,100 tech startups, Melbourne has about twice the average for other ecosystems at a similar developmental stage.
Steady exits. With Oracle’s recent purchase of Aconex, Melbourne has produced five technology exits worth of ver US$100million in the last five years.
Startups breaking out. Melbourne is also home to several exciting starts that are taking on global markets while making their presence felt domestically. Examples include.
Culture Amp, Airwallex, Envato, AuctionFox, Rome2rio, 99Designs.
What to do now
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