Company
Port Augusta, SA
Every investor coverage indicates participated in a round Sundrop Farms raised.
The transaction that ended Sundrop Farms's run as a startup, per published coverage. It closes the funding history too, where it is the ladder's last rung.
| Bought by | Kind | Announced | Price | Sources |
|---|---|---|---|---|
| Morrison & Co. | Acquisition | 16 May 2019 | - | RenewEconomy (Mon 18 Nov 2019), @AuManufacturing, RenewEconomy (Wed 15 May 2019) |
Companies Sundrop Farms acquired or merged with, per published coverage. Buying a company is not investing in one: nothing here counts in the deals column.
| Name | Role | Sources |
|---|---|---|
| Steve Marafiote | CEO | RenewEconomy |
Stories naming Sundrop Farms. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
The Clean Energy Finance Corporation and the Cannon-Brookes family vehicle commit cornerstone capital to Tenacious Ventures, a new Australian agrifood venture fund backing early-stage startups, and recalls Sundrop Farms' sale to Morrison & Co.
Adelaide greenhouse venture Sundrop Farms has been bought by New Zealand infrastructure investor Morrison & Co, reportedly the first deal for its green infrastructure fund, which the Clean Energy Finance Corporation cornerstone-backed.