Goterra, the pioneering ag-tech startup turning food waste into animal feed and fertiliser, has entered voluntary administration.
Documents listed by the Australian Securities and Investments Commission show the company board on Wednesday appointed Teneo’s Daniel Walley and Martin Ford to serve as administrators.
Their appointment spells an uncertain future for the Canberra-based startup, whose sole founder, Olympia Yarger, scaled a solution to the persistent challenge of organic waste.
In a statement provided to SmartCompany, a Goterra representative said the startup could not secure the investment…