Sendle

Sendle is back and under new ownership

The Sendle delivery brand, liquidated earlier in 2026 after a troubled merger, has been bought by logistics executive Andrew McKenna, who expects a September relaunch with Quantium Solutions handling deliveries.

ASX-listed VC Touch wrote off its $36 million Sendle investment in June, resurrected it with the merger, then zeroed it again

Touch Ventures twice marked its Sendle holding down to nothing during 2025, first over a harsh Federation financing, then after claims against merger partner ACI Logistix, before Sendle's sudden shutdown.

Sendle is dead, killed by a US merger partner who misled the Aussie startup's key investor, Federation

Federation says ACI Logistix hid its finances before merging with Sendle and FirstMile into Fast Group, now winding down, killing the courier; the article also recalls past Sendle and Strongroom raises.

Sendle to close after parent company directors vote on shutdown

Directors at Sendle's parent FAST Group voted to shut the delivery business after it could not raise the money needed to survive; Federation had propped it up while rivals Aramex and Interparcel courted customers.

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Sendle suddenly shutters deliveries amid financial concerns after merger investor freezes funding

Alternative parcel delivery firm Sendle stopped taking bookings five months after merging into US parent Fast Group, whose financial troubles led investor Federation Asset Management to suspend fund withdrawals and inject emergency capital.

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Sendle abruptly cancels all new deliveries, forcing SMEs to find alternatives

Sendle has halted new parcel shipments, disrupting small business customers. The article recalls its 2021 Series C, a 2024 raise, its merger creating FAST Group, and emergency capital from Federation Asset Management.

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Australia Post rival Sendle joins two US firms in strategic logistics merger

Sendle has merged with US firms FirstMile and ACI Logistix to form FAST Group, combining Australian small-business shipping with US parcel networks; ACI Logistix's Keith Somers will lead the combined group.

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Multi-marketplace online sales platform raises $800,000 pre-Seed round

Shopfront, a re-commerce platform for selling second-hand goods across multiple marketplaces, raised a pre-seed round backed by Antler, Co Ventures, 5H Values Capital, Jampad and angel syndicates, plus eBay grant funding.

Shopfront raises $800,000 to make e-commerce easier

Melbourne startup Shopfront has secured $800,000 in a pre-seed round led by Antler, Co-Ventures, 5H Values Capital and Jam Pad Investments, with angel syndicates joining; its founders met through an Antler program.

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Six Aussie startups that raised $87.7 million this week

Roundup of six Australian funding rounds this week: InDebted, Evolt, Restoke.ai, Mary Technology, Matilda and Demtech.ai, with investors, amounts, InDebted's valuation and a secondary component for early backers and staff.

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ASX-listed VC Touch Ventures and its CEO part ways

ASX-listed venture fund Touch Ventures is parting with chief executive Hein Vogel; the piece recalls its 2021 $100 million listing, heavy write-offs on PlanPay and Till Payments, and Basiq's sale to Cuscal.

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How Sendle managing director Laura Hill made the “unconventional path” work for logistics, and what your business can learn

Profile of Sendle managing director Laura Hill tracing her career from television and digital media through Gumtree to logistics leadership, with her views on transferable skills and women in the transport sector.

Pearler defies Australian skills crisis, appoints three key senior executives

Fintech Indebted sacks 40 staff amid $22.5 million raise

Debt collection startup Indebted raised $22.5 million led by Perennial, doubling its valuation, while cutting 40 jobs; the article also recalls earlier raises and an acquisition.

The Business Growth Fund’s $12 million Hubbed investment is the kind of “sexy” deal VCs might miss

Reports that a fund backed by government and major banks has taken a minority stake in a parcel pick-up network, profiling its patient investment model and recalling an earlier cheque to a clean-energy maker.

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Australian blockchain startup Block Earner hires Apurva Chiranewala to bring DeFi to the masses

Block Earner appoints Apurva Chiranewala as general manager, with other senior hires named, as the blockchain fintech prepares to launch its decentralised finance platform for Australian consumers.

Finding The Exit: Australian VC exits and market roundup

Commentary piece on VC exit strategies (IPO, trade sale, secondary sale) referencing recent Australian tech M&A deals and venture funding rounds including Sendle, UpGuard, Sonder and others.