Teneo

Major developer faces liquidation as funding deadline brought forward

Bathla Group's administrators expect to wind up the business after a lender meeting and a government bailout request failed, leaving hundreds of staff unpaid and thousands of homes in limbo.

Debt-ridden property firm Bathla may collapse this week, says administrator

Administrators Teneo warn the debt-laden developer Bathla Group could close within days without emergency funding; 350 staff are unpaid and the NSW government has declined a bailout.

Creditors vote to put food waste startup Goterra in liquidation

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.

Goterra administrator seeks buyer as founder warns of insect ag sector 'contagion'

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.

Property investment startup Dashdot in liquidation, with Budget as 'the straw that broke the camel's back'

Property investment advisory Dashdot has entered voluntary liquidation after seven years, with co-founder and CEO Glenn McGrath citing economic conditions, federal budget tax reforms and rising Meta advertising costs; clients face losing upfront fees.

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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