Ledger. Australian venture funding, tracked

Company

CoLab

Melbourne, VIC

Coverage

Stories naming CoLab. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

4 deals

Online health brands startup Eucalyptus picks the online meat off the bones of Jenny Craig collapse

Eucalyptus buys Jenny Craig's online assets out of administration while stores shut; the health startup's recent raise and earlier rounds are recapped, alongside other distressed-brand acquisitions.

Exit / M&A

Milkrun is back from the dead after Woolworths brand acquisition

Woolworths has bought the collapsed grocery delivery brand Milkrun and will rebrand its Metro60 service under the name, while other food delivery startups including Voly, Providoor, SEND and CoLab have also shut or been acquired.

Also Startup Daily·Forbes Australia·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·AgFunderNews

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.

Funding announcement

“It f*cking rocks and this sucks”: Gourmet ready-meal service CoLab calls in the administrators

Ready-meal platform CoLab has entered voluntary administration after a financing round collapsed, with EY partners appointed; the piece also recalls failures across Australian food delivery, including Deliveroo Australia, Voly, Send and Quicko.

Also AgFunderNews·Startup Daily·Startup Daily·Startup Daily·Startup Daily·Startup Daily

17 deals

The Week in AgriFoodTech: Hardee Fresh grabs $56m, Upward Farms shuts down, Wine that tastes like climate change

Weekly agrifoodtech roundup reporting numerous startup funding rounds, fund closes by S2G Ventures and Bidra Innovation Ventures, and collapses including Upward Farms, Boxed, Kalera and Australia's CoLab.

Also AgFunderNews·SmartCompany·AgFunderNews

4 deals

Sydney gourmet food marketplace ChefPrep is in administration, 7 months after rebranding as CoLab after acquiring its Melbourne rival

Gourmet food marketplace ChefPrep, rebranded CoLab after buying its Melbourne rival, has entered voluntary administration with EY appointed, despite earlier angel and seed raises, as creditors meet and a sale process begins.

Seed $3m

“The Amazon of food”: Restaurant ready-meal and gourmet pantry startups merge for new CoLab venture

ChefPrep bought Co-Lab Pantry and relaunched as CoLab, a nationwide gourmet delivery venture, backed by an earlier seed round led by Artesian Ventures and Global Founders Capital.

Also Startup Daily

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