Food redistribution platform Yume Food has been placed in liquidation, with the 10-year-old social impact startup and its assets being put on the market.
Founder Katy Barfield and the Yume board handed the keys to Teneo Financial Advisory Australia as liquidators on November 18.
Yume’s digital trading platform generates additional revenue for food manufacturers by selling surplus products, and also streamlines donating unsold food to relief organisations. Its corporate clients include FMCG giants Mars, Unilever, Kellanova and General Mills.
Barfield founded her social enterprise in 2015 to reduce…