The country has punched above its weight on a global scale for years. Can it attract the funding and talent, and become inclusive enough, to play at the top?
Over the past couple of decades, Australia, an island continent of 26 million that became rich by, among other things, mining natural resources, has developed into a modern powerhouse that actively works to foster a dynamic tech and startup scene.
To fully capitalize on that progress, Australian startups will have to overcome challenges like shortage of access to late-stage capital and a scarcity of executives with scale-up experience. It’ll also need to address its lack of founder diversity and funding accessibility for women and people of color.