Skip to content
Insolvency Guardian
Insolvency Services & Bankruptcy Advice
Insolvency GuardianInsolvency Guardian
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact
1300 60 70 60
  • Insolvency
  • Zero Contact Solutions
  • Resources
  • News
  • About Us
  • Contact

Powa: The start-up that fell to earth – BBC News

Image copyright
Powa

Image caption

Powa’s website now carries a message from its administrators on its website

It was one of Britain’s brightest tech start-ups, praised by David Cameron, and a rare British “unicorn” – a company valued at over $1bn (£694m) before floating on a stock market.

Its dynamic founder Dan Wagner claimed last year that his business was worth $2.7bn (£1.9bn) and had signed a deal in China with “limitless” potential.

But last month Powa Technologies …

Read the full article at: http://www.bbc.com/news/technology-35860814

Category: BankruptcyBy Insolvency GuardianMarch 21, 2016

Post navigation

PreviousPrevious post:Used car dealer avoids jail after fraud funded gambling debt – AM-onlineNextNext post:Court dismisses NBU resolution on removing Ukrinbank from market – Interfax

Related Posts

IBBI notifies amendments to streamline corporate insolvency process
June 2, 2025
IBBI Streamlines Corporate Insolvency Process: Rediff Moneynews
June 2, 2025
Deadline to pay: Deeming moves to bankrupt Pesutto – The Australian
June 2, 2025
Air Belgium has gone bankrupt, and thousands of passengers are unlikely to get refunds
June 2, 2025
Konaseema Gas Power plant to be auctioned on 20 June
June 2, 2025
Why are construction companies ‘toppling like dominoes’?
June 2, 2025

Powa: The start-up that fell to earth – BBC News

Powa: The start-up that fell to earth

Rory Cellan-Jones
Technology correspondent
  • 21 March 2016
  • From the section Technology

Image copyright
Powa

Image caption

Powa’s website now carries a message from its administrators on its website

It was one of Britain’s brightest tech start-ups, praised by David…

Read the full article at: http://www.bbc.co.uk/news/technology-35860814

Category: BankruptcyBy Insolvency GuardianMarch 21, 2016

Post navigation

PreviousPrevious post:Pickenpack losses under Pacific Andes pass 80m before insolvency filing – Undercurrent NewsNextNext post:Scalia, Alito Court Absences Shape Puerto Rico Debt-Relief Bid – Bloomberg

Related Posts

IBBI notifies amendments to streamline corporate insolvency process
June 2, 2025
IBBI Streamlines Corporate Insolvency Process: Rediff Moneynews
June 2, 2025
Deadline to pay: Deeming moves to bankrupt Pesutto – The Australian
June 2, 2025
Air Belgium has gone bankrupt, and thousands of passengers are unlikely to get refunds
June 2, 2025
Konaseema Gas Power plant to be auctioned on 20 June
June 2, 2025
Why are construction companies ‘toppling like dominoes’?
June 2, 2025
Insolvency Guardian
© Insolvency Advisory Accountants Pty Ltd trading as Insolvency Guardian Australia.

Disclaimer

Go to Top
Call Now Button