The company reportedly couldn’t pay its employees in December. – artnet News

The online auction start-up Auctionata Paddle8 AG filed a request to open insolvency proceedings on January 16, according to publicly accessible documents published by the Amtsgericht Charlottenburg, the district court responsible for the companys headquarters in West Berlin. Auctionata, founded in 2012, has reportedly been under financial strain recently; last week, the German online magazine…