Miele takes over Agrilution

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…

Brabbler Team Ginlo

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.…

insolvency

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...

Lendstar Epay

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…

Lendstar Epay

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…

CaptchaAd

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…

BBQ

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…

Erledigungen.de founder

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…

ComfyLight

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…

Bankruptcy downfall

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.…

paymill

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...