Day: insolvency
Vertical Farming
Miele takes over insolvent greenhouse startup Agrilution
The Munich-based greenhouse startup Agrilution was forced to file for bankruptcy at the end of last year. Rescue came in the form of household appliance giant Miele. A greenhouse in…
insolvency
Secure messenger Ginlo is discontinued
GMX founders Karsten Schramm, Peter Köhnkow, and Eric Dolatre wanted to offer a secure alternative to WhatsApp—encrypted and compliant with data protection regulations.…
Deals
Insolvency: These Munich startups closed in 2018
Even though 2018 was a year full of success stories, there were also a few companies that didn't...
Deals
Epay takes over insolvent payment startup Lendstar
In August, Lendstar was forced to take the difficult step of filing for insolvency. Now the payment app is finally being rescued: Epay from…
Deals
Payment app Lendstar is insolvent
The string of bad news continues: After CaptchaAd and Macandoo, Lendstar is the third Munich-based startup to go under within…
Deals
CaptchaAd files for insolvency
CaptchaAd wants to use an annoying online mechanism as an advertising space. The Munich-based startup has now filed for bankruptcy. The Munich-based startup CaptchaAd was…
Deals
Startup sauce BBQUE files for bankruptcy and seeks fresh capital
BBQUE raised more than €600,000 in loans from the crowd for a new type of barbecue sauce. Now the startup behind…
Deals
The end for Munich startup Erledigungen.de
The Munich-based startup Erledigungen.de has apparently filed for bankruptcy. The company relieved its customers of administrative tasks. The last entry on…
Deals
The lights go out at ComfyLight
Bad news from ComfyLight. The Munich-based startup has announced the end of its business via its Kickstarter page. In mid-March…
Deals
Number of insolvencies in Germany at record low
21,518 companies filed for insolvency in Germany in 2016—the lowest number since the introduction of the Insolvency Code in 1999.…
Deals
Transparency and trust – How Paymill dealt with insolvency
Paymill insolvency? It's a thing of the past. After the Munich-based payment service startup filed for strategic insolvency in April 2016, it found a new owner in July...