Ledger. Australian venture funding, tracked

Startup · $5.9m raised

Our Cow

Casino, NSW

Coverage

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

Exit / M&A

Did nobody say Menulog? Pioneering Australia food delivery service shuts after 19 years

Menulog, the Sydney-founded food delivery pioneer, shuts down this month under owner Just Eat Takeaway, recently acquired by Prosus; the article recalls its 2015 merger and sale and a string of failed delivery rivals.

Also Startup Daily

19 deals

Data snapshot: From ‘lightning in a box’ to microbial carbon capture, agrifoodtech investment moves upstream in Australia as investors focus on climate mitigation

A data review of 2023's ten largest Australian agrifoodtech raises, topped by Loam Bio's US$73.2 million Series B, showing funding down 33% as capital concentrated in upstream climate-mitigation startups.

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.

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.

7 deals

Six Aussie startups that raised over $19 million this week

A weekly roundup reporting six Australian startups that raised a combined $19 million, including Quasar, Nexl, MoreGoodDays, DAS and Our Cow, plus Our Cow's earlier acquisition of delivery startup Voly.

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

2 deals

Meat subscription startup chows down on database of failed grocery delivery service Voly

Our Cow, a NSW meat subscription business, bought the brand, app and customer database of collapsed grocery delivery startup Voly; the article also recalls Voly's seed raise and Our Cow's crowdfunding round.

Also Startup Daily·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily·Startup Daily

38 deals

Meet the 38 grant recipients sharing in the $11.6 million Boosting Female Founders Initiative

Thirty-eight female-founded startups named as recipients sharing $11.6 million in grants under round two of a federal program helping women entrepreneurs expand domestically and globally.

Also SmartCompany·SmartCompany·Startup News (WA)·ARN (ARNnet)

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