Ledger.

Company

Federal Court

Coverage

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

Unnamed stage $5m

Canadian authorities ban GetSwift's disgraced founders, Bane Hunter and Joel Macdonald, for life

Canada's BC Securities Commission has permanently banned GetSwift cofounders Bane Hunter and Joel Macdonald from directing companies and trading securities, after Australian Federal Court findings of disclosure breaches and unpaid fines.

2 deals

Metigy founder pleads guilty to misleading investors as ASIC case progresses

Metigy co-founder David Fairfull has admitted in court to deceiving investors and misusing his director role, after the marketing software startup's raises were built on fabricated figures before its 2022 collapse.

3 deals

Australian champion of two-way smart grid technology that won Arena funding placed in liquidation

Queensland smart-grid company Elexsys Energy, trading as Planet Ark Power, won federal and state grants and partial Series B backing before being wound up on a tax office application.

3 deals

Legaltech platform Immediation calls in administrators after raising millions

Legaltech dispute-resolution platform Immediation has appointed FTI Consulting administrators after earlier raising $3.75m, $5m and $2.8m; its roughly eight employees and four contractors face an uncertain future.

Also Startup Daily

Unnamed stage $24m

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

GetSwift's Australian subsidiary has been put into liquidation with KordaMentha, while its US-listed parent filed for Chapter 11 after court findings over misleading customer deal announcements; earlier ASX listing and raises are recalled.

Also Startup Daily

Grant $862.1k

Manufacturing news briefs – stories you might have missed

News roundup: Das Studio to design Adelaide's Line Zero factory project, Adbri's Mawsons JV buys Milbrae, VEEM wins a modernisation grant, and Lithium Australia secures a European patent.

Series A $3.8m

Immediation bags $3.75 million for tech shaking up dispute resolution for SMEs, as Kate Carnell calls for reform

Melbourne dispute-resolution platform Immediation raised a $3.75 million Series A backed by Thorney, Euroz Hartleys and SG Hiscock, and acquired NZ's CODR, while ombudsman Kate Carnell pushes small-business justice reform.

Also SmartCompany·Startup Daily

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