December 15, 2024
Home » Failed Startups

Failed Startups


Northvolt, once a symbol of Europe’s electric car revolution, files for bankruptcy after burning through $10 billion in investor cash
Nickie Louise November 25, 2024

AI healthcare startup Forward shuts down after burning through $400 million from investors
Nickie Louise November 18, 2024

23andMe’s Fall: From $6 billion genetic testing company to near collapse; what happens to your DNA data?
Nickie Louise October 11, 2024


Grabango, an Amazon cashierless rival that offers checkout-free tech, shuts down after failing to secure funding
Nickie Louise October 10, 2024

Cameo, a unicorn tech startup once valued at over $1 billion, is now broke and can’t pay a $600,000 fine
Daniel Levi July 26, 2024

Ozy Media and CEO Carlos Watson convicted of fraud after staged calls with Goldman Sachs
Daniel Levi July 16, 2024


ICQ shuts down: ICQ is shutting down after 28 years of offering instant messaging service
Nickie Louise June 26, 2024

Ionic Materials, a tech startup set to revolutionize lithium batteries for EVs, shuts down operations
Nickie Louise June 6, 2024

Adam Neumann makes a $500 million bid to buy WeWork out of bankruptcy
Nickie Louise March 26, 2024


Thrasio, an e-commerce startup that buys Amazon businesses, files for bankruptcy after raising $3.4 billion in funding
Nickie Louise February 28, 2024

Spreadsheet.com is shutting down after raising $5.5 million in funding and over 170,000 users
Nickie Louise February 24, 2024

Digital news startup The Messenger shuts down less than a year after burning through $50 million
Nickie Louise February 1, 2024


Uber shuts down Drizly, an alcohol delivery startup it bought 3 years ago for $1.1 billion
Nickie Louise January 17, 2024

InVision, a tech startup once valued at $2 billion, shuts down after burning through $356.2M of investors’ cash
Daniel Levi January 11, 2024

Bird, an electric scooter company once valued at $2.5 billion, filed for bankruptcy
Nickie Louise January 2, 2024


SmileDirectClub, a telehealth startup once valued at $8.9 billion, shuts down after bankruptcy
Daniel Levi December 11, 2023

OpenView abruptly shuts down amid challenging VC climate, despite raising a total of $2.4 billion in funding
Nickie Louise December 6, 2023

Zeus Living, a real estate startup backed by Airbnb, is shutting down after raising $150M in total funding
Daniel Levi November 8, 2023


From unicorn to bankruptcy: WeWork, once most valuable US startup, files for bankruptcy
Nickie Louise November 7, 2023

Intuit is shutting down Mint, a popular personal finance app acquired in 2009 for $170 million; moves users to Credit Karma
Nickie Louise November 6, 2023