Ledger. Australian venture funding, tracked

Company

Mars

Coverage

Stories naming Mars. 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.

Seed $2m

Yume Food collapses into liquidation after a decade of fighting food waste

The surplus-food marketplace has entered liquidation with its assets for sale; the piece recalls its 2024 seed raise led by Investible vehicles and its founder's next steps.

Also Startup Daily

Unnamed stage $1.1m

Algenie emerges from stealth with next-gen bioreactor it claims can unlock algae's potential in feed, bioplastics, and fuel

Australian algae startup Algenie raises A$1.1 million from University of Technology Sydney and Better Bite Ventures while unveiling a thin-layer photobioreactor designed to make algae production dramatically cheaper for fuels, plastics and feed.

Also SmartCompany

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