Fertilis - Voluntary Administration

Fertilis, an Adelaide-based medical startup pioneering micro-medical technology to automate IVF, focusing on improving embryo quality and quantity, entered voluntary administration on 8 May.

Founded in 2020, the company had raised $2.8 million in funding led by Horizon Ventures, the private investment arm of Hong Kong tycoon Li Ka-shing. Andrew Heard and Victoria Young of Heard Phillips Lieberenz were appointed joint administrators.