failedStartup


AI-powered horse monitoring tech, Magic​ ​AI​ announced that it is shutting down. The AI-powered horse monitoring tech startup ​was trying to apply advanced machine-learning to animals and humans, for non-verbal forms of data and communication. Magic​ ​AI was applying advanced machine-learning to video streams of living, breathing, moving animals. The company’s […]

AI-powered horse monitoring tech, Magic AI shuts down


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The Austin, Texas based E-Scooters startup, Unicorn, recently announced that it is shutting down operations. Buyers who paid $699 for the company’s high-tech electric scooters are upset and unsure if they will receive a refund. As per media accounts, Unicorn is shutting down operations after blowing all its cash on […]

e-scooter startup Unicorn shuts down


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This week, Kitchen tech startup Nomiku posted on its website that it is winding down operations. Nomiku, a San Francisco-based startup was founded after a successful Kickstarter project  for its inaugural Nomiku Immersion Circulator.  At that time, the company raised more than $1.3 million over two Kickstarter campaigns. In 2017, Samsung Ventures […]

Kitchen tech startup Nomiku is winding down operations



Den Automation, the once-promising UK smart home startup that raised nearly £4.5m via equity crowdfunding and boasted former Amstrad chief Bob Watkins as CEO, has agreed to go into liquidation, The Register reported. Den Automation was founded in 2014 by Yasser Khattak, a 17-year-old wunderkind from Maidstone, Kent, who came […]

Den Automation – Another proprietary cloud based company goes into ...


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Murfie, a Madison, Wisconsin based startup whose website allowed users to buy, sell and trade music, has shut down. The company announced this on its website Murfie has ceased operations The company’s senior debt holders are working together to develop a process in which customer-owned physical media can be retrieved. […]

Wisconsin Music Marketplace Startup, Murfie Shuts Down


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Physical rental startup Omni is set to shut down its operations by end of 2019 after failing in its unsuccessful attempt to profit from equipment rentals and physical storage service. “We’ll be winding down operations at Omni and closing the platform by the end of this year,” an Omni spokesperson […]

Physical rental startup Omni is shutting down



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The African lifestyle and fashion focused media platform Zumi announced that it is shutting shop after struggling to make decent revenues as well as raise capital. Launched in 2016, Zumi had raised over USD 250K from Chandaria Capital, UAE based Majlis investment and a few other investors. Founded by Ex-Rocket […]

Digital Media Startup Zumi Shuts Shop


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Toronto based FinTech startup Planswell announced that it is shutting down. The company confirmed that all 57 employees would be out looking for a new job. Planswell was developing a financial planning service for Canadians looking to build financial plans. Its business model included acting as a brokerage to connect […]

Toronto based FinTech startup Planswell shuts


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Kik Interactive CEO Ted Livingston announced that the company is shutting down Kik Messenger to focus on its cryptocurrency Kin, the target of a lawsuit filed by the Securities and Exchange Commission. The company’s team will be reduced to 19 people, a reduction that will affect more than 100 employees, […]

Kik shuts down messaging app as it battles the SEC ...



MoviePass announced on Friday it’s shutting down the discount ticketing service on Sept. 14. There was once a time when MoviePass subscribers could see a movie every single day for the cost of $9.95 a month. In the announcement, MoviePass  CEO Mitch Lowe posted Dear MoviePass™ Subscribers, Over the past […]

MoviePass Has Officially Shut Down