Our Journey Comes to its End

As you are all aware — the last year has been a very challenging time for many companies and start-ups. The global Covid-19 pandemic has had a significant impact on many industries and sectors.

We have fought through these difficult times to continue the development of our products and realise the dream of the MADANA Platform. However, due to the strict regulatory environment in Germany we have been forced to comply with the rules to declare insolvency.

As of the past week we are no longer operational and the company is undergoing the insolvency process. Given that as of today, we have very limited control over the company, we are not able to respond to any email, social media or community communication.

We have fought as hard as possible to make our dream a reality but the unfortunate market circumstances were against us. We would like to extend our most heartfelt gratitude and thanks to all our supporters from the past years. We are honoured that you put your faith and trust in us and we are sorry to have been unable to deliver on that despite our very best efforts.

From the entire MADANA team — thank you and we wish you and yours all the best and strength in these challenging times.

You can find the details on the insolvency case by searching the official German portal under MADANA, Case no. 36m IN 983/21, Amtsgericht Charlottenburg here.