Sustainable packaging startup Great Wrap collapses under $39m debt

melbourne-based material science company Great Wrap has entered into voluntary administration with reported debts of $39 million, almost six years after the founders officially launched their direct-to-consumer brand in 2020, which resulted in 30,000 orders in the first month. Related Article Block Placeholder Article ID: 243047 Great Wrap co-founder and CEO Jordy Kay announced on…