Everledger had in the past raised US$37 million in funding. AUD$3 million (~US$2 million) of that funding came from the Australian government's blockchain grants program in 2021.
Everledger was an Australian company that hoped to use blockchains to track provenance of diamonds, other precious gems, fine wines, and other luxury goods. Things apparently didn't pan out, though, when an investor's planned funding fell through and the company was placed into voluntary administration.
- "Government and Tencent-backed Aussie blockchain firm collapses", Australian Financial Review