Good to know
Good to Know
- Sydney ranks 21st globally and #1 in Southern Hemisphere for startup ecosystems, with ~3,200 active startups and $72B in ecosystem value.
- AI-focused companies represent 40% of new startups launched in 2025; major sectors also include cleantech, quantum computing, and medtech.
- Tech Central precinct (6 sq km) houses the highest concentration of tech businesses in Australia, home to unicorns Canva and Atlassian.
- Nearly 45% of Sydney residents were foreign-born, with UK and China as top countries of origin; strong multicultural composition.
- Sydney attracted $2.8B USD in startup funding during 2024; international VC investment grew 290% year-over-year.
- Over 35 incubators and accelerators support entrepreneurs; Tech Central Innovation Hub opened September 2025 as the ecosystem's central collaboration space.
Ancestry Composition
Chinese
- Percent
- 8.2
Italian
- Percent
- 4.2
Greek
- Percent
- 2.6
German
- Percent
- 2.5
Top Nationalities By Origin
United Kingdom
- Percent Of Sydney Population
- 4.3
- Rank
- 1
China
- Percent Of Sydney Population
- 3.5
- Rank
- 2
Total Population
- Year
- 2024
- Figure
- 5557233
- Measurement
- Greater Sydney as of June 30, 2024
Population Growth
- Annual Growth Rate Percent
- 2
- Period
- 2023-2024
- Annual Increase People
- 107538
Foreign Born Percentage
- Percent
- 45
- Note
- Estimated from census data; most recent precise figure from 2016 census era
Tech And Business Presence
- AI Focused Startups Percent Of New 2025
- 40
- Active Startups
- 3200
- Vc Funding 2024
- A$4,500,000,000
- Ecosystem Value USD Billions
- 72
- Startup Ecosystem Global Ranking
- 21
- Startup Ecosystem Southern Hemisphere Ranking
- 1
Key Sectors
- AI and Machine Learning
- Cleantech
- Medtech & Life Sciences
- Quantum Computing
- Fintech
- Deep Tech
Major Companies
- Canva
- Atlassian
- Block
- Safety Culture
Digital Employment Sydney
- Employees
- 119000
- Asx Listed Digital Companies
- 81
- Asx Listed Digital Companies Value USD
- 32400000000
Innovation Infrastructure
- Tech Central District Area Sq Km
- 6
- Incubators And Accelerators Count
- 35
Major Anchor Tenants
- Atlassian
- Block
- Canva
- Safety Culture
- University of Technology Sydney
- University of Sydney
AI-generated estimateData refreshed July 2026
Sources cited for this category
These are the sources cited in this local demographics research for this city. Individual figures may not each trace to one of them.
More About Sydney
Data last updated July 2026 · Verify anything important.