It is common to see many startups fail due to various reasons such as shortage of capital, lack of market demands and lack of understanding and enthusiasm in the team. Recently, we saw a list of startups that went bankrupt in 2018.
In a recent development, Nerdalize, a tech startup that used computer servers for heating houses has filed for bankruptcy. Earlier this year, the Delft startup won the Crowdfunding Award. Now, the company is bankrupt, claims RTL citing the register of the Chamber of Commerce.