Financing rounds, awards, exits — we regularly report on the successes of Munich startups. But what about the failures? After all, it is estimated that more than 80 percent of all startups fail in the first three years. Some even say that nine out of ten startups go bankrupt three years after their founding. Five examples from the Munich startup scene that didn't make it.
Things actually looked good for Leaf Republic for a while. With its biodegradable disposable plates made from leaves, the startup seemed to be capturing the zeitgeist. The media attention was certainly there, including its appearance on the startup and inventor show "Das Ding des Jahres" (The Thing of the Year) on ProSieben. But in autumn 2018, Leaf Republic filed for bankruptcyThe reason given in the insolvency register was "insolvency and excessive indebtedness." (Photo: Leaf Republic)
