Co-founder and CEO, Goterra
Stories naming Olympia Yarger. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Creditors have voted to wind up Canberra insect-protein startup Goterra after sale and recapitalisation efforts failed, with administrators reporting mounting losses and recoveries likely confined to their fees.
Insect farming company Goterra has entered voluntary administration in Australia; its administrator is seeking a buyer while founder Olympia Yarger blames sector contagion and underfunding for the collapse.
Opinion piece argues Goterra's administration shows Australia lacks scale-up capital; the author, AxleTree Capital's co-founder, links the collapse to underfunding of women founders and the system's failure to finance capital-heavy technologies.
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Goterra's founder argues first-of-a-kind companies need a layered capital stack spanning institutional, crowdfunding, government and corporate money rather than one lead investor, and points readers to her live CSF campaign on OnMarket.
SmartCompany's Smart50 Awards 2024 profile ranks agtech Goterra ninth. The Canberra business turns food waste into animal feed using robot-managed maggots, with customers including Woolworths and the City of Sydney.
Feature on Australia's fast-growing climate tech sector, recounting raises at companies including Neara, Loam Bio, Goterra and Great Wrap, and warning that scarce growth capital and limited foreign investment could stall the industry.
Canberra climate-tech firm Goterra has installed its insect-powered waste processing at Brisbane's Howard Smith Wharves precinct, its first Queensland site, with $18 million of outside funding behind it and Woolworths already a client.
Cut Through Ventures' quarterly analysis shows Australian startup funding down 42% year-on-year at A$739 million over 77 deals, with Pet Circle's $75 million Series D from Prysm Capital the period's largest round.
Weekly roundup reporting eight Australian startups together raised $85.6 million across mining tech, cybersecurity, waste, energy storage, health and micromobility, plus a Google.org grant for Global Sisters.
Tenacious Ventures wraps up its food waste podcast series with an episode on losses at the farm, featuring academic Sarah Hulick and Goterra chief executive Olympia Yarger.
Profile of Olympia Yarger, founder of Canberra agri-tech startup Goterra, which uses robot-managed maggots to process food waste into protein and fertiliser, recalling its 2018 seed and 2020 raises led by Grok Ventures.
Tenacious Ventures' first investment note describes co-leading insect-farming waste startup Goterra's $8 million Series A with Grok Ventures, profiling founder Olympia Yarger and the company's modular food-waste technology.
Also globalaginvesting.com·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Forbes Australia