CSF Yearbook 2022

With $72m in funding volume across the industry (slightly more than achieved in 2021); against the backdrop of steep falls in funding volume across other parts of the financial system, the resilience of Australia’s CSF industry has been remarkable. [...] And its importance in Australia’s startup ecosystem is set to grow in the face of challenging macroeconomic conditions, and a softening appetite among the traditional funders of startups in Australia. [...] © Birchal Pty Ltd 6 s e c t i o n 1 / P o p u l a r i n d u s t r i e s i n 2 0 2 2 Popular industries in 2022 Food and Beverage was the most invested industry in 2022, with led this category, hosting its own offer on the Birchal platform (also 33 successful campaigns raising a total of $28m (or 39% of the the equal largest raise in 2022 with $3m raised), followed by industry). [...] South Australia saw the biggest increase in the number of completed deals year on year, with 8 successful CSF Offers (raising a total of $6m) compared to only three in 2021 (an increase in funding volume of 240% on 2021). [...] 290 Investors © Birchal Pty Ltd 17 s e c t i o n 3 / S u s ta i n a b i l i t y i n f o c u s Sustainability in focus Sustainability continued to receive strong backing as the second most popular category by number of investors, with more than 5050 investors supporting sustainability-focussed companies to raise a total of $7.91 million (approx 11% of the funding volume).