Category: No Product-Market Fit
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Intergalactic Therapeutics
What did Intergalactic Therapeutics do? Intergalactic Therapeutics was a gene therapy startup founded by ATP (Apple Tree Partners), a leading life sciences venture capital firm. The company aimed to overcome the limitations of viral-based gene therapies by advancing non-viral gene therapies with two proprietary technologies: C3DNA, a versatile non-viral cargo platform, and COMET, a pulsed […]
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Fuzzy
What did Fuzzy do? Fuzzy was a subscription-based pet healthcare startup that offered 24/7 access to veterinarians through its mobile app. The company also provided a service for direct mailing of medications, supplements, and food for dogs and cats. Fuzzy’s mission was to make pet care accessible, affordable, and delightful for every pet parent. The […]
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Pillow
What did Pillow do? Pillow Crypto was a Singapore-based cryptocurrency investment startup that allowed customers to invest in Bitcoin, stablecoins, and altcoins. It promised returns of up to 18%, but this figure dropped to 14% as the market cooled. Pillow aimed to make cryptocurrency usage understandable and simple for retail users. It simplified cryptocurrency investments […]
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Buzzer
What did Buzzer do? Buzzer was a mobile sports streaming app that aimed to provide a personalized sports experience for Gen Z users. Users could download the app and enter their favorite teams or players, then receive notifications when games were close late, when a star player was having a big night, or even when […]
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Clutter
What did Clutter do? Clutter was a provider of on-demand storage and moving services used to help customers store their physical belongings. Clutter aimed to consistently provide hassle-free and affordable services by investing in exceptional people, smart technology, and pristine spaces. The company offered customizable solutions for everyone, including warehouse storage, self-storage, moving, and packing […]
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Clockwork
What did Clockwork do? Clockwork was a decentralized application (dApp) that operated on the Solana blockchain. The dApp was composed of a smart contract and a web application. The smart contract was responsible for storing the state of the dApp, such as the list of scheduled tasks and the results of those tasks. The web […]
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Solyndra
Solyndra was a solar energy company founded in 2005 that ceased operations in 2011. It used CIGS thin film solar cells and received a $535 million loan guarantee from the DOE. It failed due to higher production costs and weaker demand than expected.
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MatterFab
MatterFab was a 3D metal printer company founded in 2013 that ceased operations in 2019. It used SLM to create metal parts and was too expensive for many businesses. It struggled to raise money and faced management issues.
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Friyey
What did Friyey do? Friyey was a coworking space provider that offered workspaces in restaurants, pubs, and clubs during the morning hours, when these places witness less footfall. Friyey had over 500 restaurant partners and more than 24,000 remote workers accessing its spaces. Friyey’s concept was simple but ingenious. By offering workspaces in underutilized spaces, […]
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Dinner Lab
Dinner Lab was a pop-up restaurant company founded in 2011 and ceased operations in 2016 due to expensive production costs and competition. It raised $10.1 million in funding and was founded by Brian Bordainick.
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Mindstrong
Mindstrong was a mental health company that used AI to monitor users’ activity for mental health issues. It raised $160 million in funding, but faced privacy concerns and competition, leading to its closure in 2023.