Startup Winely goes into liquidation owing $2.2m

Startup Winely goes into liquidation owing $2.2m
Winely provided monitoring technology for wine makers. (Image: Getty)
Greg Hurrell
Winemaking technology startup Winely has gone into liquidation with known liabilities of about $2.2 million.The company’s shareholders have appointed Andrew McKay and Rees Logan of BDO Auckland as liquidators.McKay said they had yet to start investigating its failure. Winely had a good concept, but it hadn't secured additional funding to develop.Winely was incorporated in 2018 and provided AI-driven technology that continuously monitored winery fermentation processes via internet-connected sensors.Its shareholders include governm...