Ledger. Australian venture funding, tracked

Company

Australian Competition and Consumer Commission

Coverage

Stories naming Australian Competition and Consumer Commission. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Grant $20m

Recycling Plastics Australia in administration despite plan to fill gap left by REDcycle

South Australian soft plastics recycler Recycling Plastics Australia, recipient of a $20m federal grant, has entered voluntary administration with KPMG appointed, after a major supplier's collapse derailed its plan to fill REDcycle's gap.

Exit / M&A

Zen Energy sinks despite 11th-hour rescue efforts, blaming volatile market as banks and networks get cold feet

Renewable utility Zen Energy has entered voluntary administration despite regulators clearing Gunvor to buy its retail business; McGrathNicol is administrator and customers moved to AGL.

Also RenewEconomy·RenewEconomy·RenewEconomy

Funding announcement

Swiss commodity trader gets approval to buy Zen retail business and PPA deals. Will it take on Big 3?

Competition regulator approval lets Swiss trading giant Gunvor proceed with buying Zen Energy's retail arm and power purchase agreements; terms undisclosed. Article weighs whether the newcomer will challenge Australia's dominant gen-tailers.

Funding announcement

Swiss commodity trader gets approval to buy Zen retail business and PPA deals. Will it take on Big 3?

The competition regulator has cleared Swiss trader Gunvor to buy Zen Energy's retail arm and linked PPAs; terms undisclosed. The article asks whether the deep-pocketed newcomer will challenge Australia's big three gen-tailers.

Grant $2.1m

Manufacturing news briefs — stories you might have missed

Roundup of Australian manufacturing items: gold-nanoparticle cancer diagnostics research, a medical research endowment's ten-year mark, a footballer's ambassador role, EU research program accession talks, a pectin producer's government grant, and battle-tank trainers.

News

Abu Dhabi’s takeover bid for Santos raises Australian national interest concerns

Analysis of ADNOC's proposed cash takeover of Australian gas producer Santos, arguing the deal may harm domestic gas supply and national interests, with government, regulators and shareholders able to block or condition it.

4 deals

Manufacturing news briefs — stories you might have missed

Manufacturing news roundup: GreenHY2 and Atomo Diagnostics receive government grants, Seaport Therapeutics closes a US$225m Series B, Orthocell secures $17m, Genevo Marine opens a crowdfunding offer, and the ACCC clears Accolade's wine acquisition.

3 deals

Manufacturing news briefs – stories you might have missed

Roundup: BrainChip's completed placement plus an LDA Capital stake sale, Arafura's committed raise, a $76m Queensland regional fund, ARENA and ACCC appointments, a Tryp advisory hire, and Steel Cement's licence approval.

4 deals

Manufacturing news briefs – stories you might have missed

Manufacturing roundup: Australian Vanadium and entX land government grants, Hexagon Energy Materials completes a $1 million round, Australian Dairy Nutritionals appoints a CEO, Aurora Labs adds a director, plus vessel, export and research briefs.

12 deals

Ignition Lane's Weekly Wrap: The unicorn boom, valuations heading south, Meta faces legal squeeze

Ignition Lane's weekly roundup covers Linktree's unicorn raise, several Australian funding rounds, Tiger and Insight's new mega-funds, falling SaaS valuations, the ACCC's action against Meta, and new accelerator and product launches.

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