Based out of Amsterdam, Wizenoze, a developer of an online education platform, has been declared bankrupt by the court in Amsterdam on 23-12-2024.
Lack of funding, generative AI, and more
According to co-founder Diane Janknegt, Wizenoze was doing well and needed funding for product development. They secured an agreement with an investor, but when they tried to finalise it at the notary, the payment didn’t arrive.
“Last summer, we had a signed agreement with an investor. But when we went to the notary to finalise it, the payment did not come,” she says.
Janknegt also revealed that this left her startup in a difficult position, stating that the financier’s withdrawal caused major issues, forcing them to focus on…