Ledger. Australian venture funding, tracked

Company

Carlton & United Breweries

Coverage

Stories naming Carlton & United Breweries. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Funding announcement

Fermentum Grows Melbourne Footprint With Two Birds Brewing Purchase

Private-equity-backed drinks group Fermentum has bought Melbourne craft brewer Two Birds for $24.7 million, its sixth brewery; the piece also reviews the site's sustainability record and earlier sector consolidations.

Also glassandnote.com

5 deals

Four ANZ startups that raised $22.8 million this week

Roundup of four trans-Tasman companies that secured capital: a Series A for a brand-tracking platform, a deeptech pre-seed, a drinks brand's seed round, and a crowdfunded driver-safety app.

Exit / M&A

BoozeBud calls last drinks, placed in voluntary administration

Online liquor retailer BoozeBud entered voluntary administration on May 2, with William Buck halting sales and exploring a sale; the article also recalls its earlier ownership changes and other failed delivery startups.

Exit / M&A

Online alcohol retailer BoozeBud calls in the administrators amid brutal market for consumer-facing startups

BoozeBud has entered administration, with William Buck's Michael Brereton and Sean Wengel appointed. The piece recounts the online alcohol retailer's 2018 sale to ZX Ventures, its 2020 sale back to founders, and its Get Wines Direct acquisition.

Also Startup Daily·Startup Daily·SmartCompany·Startup Daily

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