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Covid biotech Ellume Health placed in liquidation after rival buyer fails to pay up

- June 20, 2023 2 MIN READ

Queensland biotech company Ellume Health, which just two years ago was riding high after winning a $300 million US government Covid contract, has been placed in liquidation after a takeover offer for the failed business fell through. The Australian arm of the global business entered voluntary administration last August. It subsequently emerged that it owed… Read more »


Metigy founder now bankrupt as liquidators find the adtech startup didn’t earn ‘any revenue’ in its 7-year life

- November 24, 2022 2 MIN READ

David Fairfull, founder of adtech startup Metigy, which collapsed into administration in July, just 20 months after raising $20 million in a Series B, has been declared bankrupt, amid regulator ASIC taking a closer look at potential insolvent trading in the company. AdNews reports that Fairfull went bankrupt this month – his second bankruptcy following… Read more »


Logistics software startup GetSwift is dead in Australia, on life support in the US

- August 5, 2022 3 MIN READ

Former ASX-listed logistics tech company GetSwift has placed its Australian arm in the hands of liquidators, while the publicly listed parent business, GetSwift Technologies, has been suspended from Canada’s NEO Exchange after filing for Chapter 11 bankruptcy protection in the US. The company’s Australian subsidiary, GetSwift Ltd, was placed into liquidation on July 29 with… Read more »