Ledger. Australian venture funding, tracked

Company

FTI Consulting

Coverage

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

5 deals

Legal disputes startup Immediation placed in voluntary administration after raising $19 million in six years

Dispute resolution tech company Immediation entered voluntary administration, with FTI Consulting appointed and seeking recapitalisation or asset sale bids; the article recounts its funding history and leadership turmoil.

3 deals

Legaltech platform Immediation calls in administrators after raising millions

Legaltech dispute-resolution platform Immediation has appointed FTI Consulting administrators after earlier raising $3.75m, $5m and $2.8m; its roughly eight employees and four contractors face an uncertain future.

Also Startup Daily

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

Sun Cable: Cannon-Brookes wins battle for world's biggest solar and battery project

A Grok Ventures-led consortium with Quinbrook has agreed to acquire Sun Cable out of administration, reviving plans to ship solar power to Singapore, after Andrew Forrest's side stayed out of the final bidding.

2 deals

Mike Cannon-Brookes lends Sun Cable $65 million to keep the show on the road as its administrators look for a buyer

Atlassian's cofounder, through his family firm Grok Ventures, has extended a $65 million interest-free loan to administrator-run Sun Cable, which is up for sale after a founder split; Grok earlier co-led its $210 million Series B.

Also RenewEconomy·Startup Daily·RenewEconomy

Something wrong? Tell us