Award-winning food waste startup Goterra will be liquidated, with most of the estimated $878,000 in value in the business potentially going to pay its administrators and liquidator.
A second creditors meeting on Wednesday voted to place the business in liquidation when no buyer emerged after the decade-old Canberra startup was placed in voluntary administration on June 3.
Goterra turned food scraps into insect protein and fertiliser using black soldier fly larvae, using a modular shipping container system dubbed “maggot robots”.
But the report handed to creditors ahead of Wednesday’s meeting revealed attempts to raise additional capital in early 2026, amid ongoing losses as Goterra scaled, fell through, despite…