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Solu is the world's smallest computer with a cloud-linked OS, a revolutionary human-machine interface and a unique subscription model.
Solu is the world's smallest computer with a cloud-linked OS, a revolutionary human-machine interface and a unique subscription model.
609 backers pledged €219,543 to help bring this project to life.

Solu files for bankruptcy

Posted by Solu Machines (Creator)
1 like

Hello Backers,

Posting on behalf of Solu campaign & company:

Bad news; Solu Machines Ltd (the company behind Solu) has filed for bankruptcy on Tuesday 19th of September 2017.

Being incorporated in Finland, the company now enters Finnish bankruptcy and liquidation proceedings. Attorney Mr. Vesa Teiramaa will act as the bankruptcy trustee. In a situation like this company IPR and assets are liquidated and all money obtained, if any, is paid out to creditors.





We failed. We are so sorry.

On behalf of Solu, TT

P.S. Solu’s CEO Kristoffer gave one interview on the bankruptcy. In Finnish here. Run it through a translator: https://goo.gl/ijg1pB

Karri Kuusikko likes this update.

Comments

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    1. francesco mondelli on

      thank you for being pioneers.

    2. Hendrik Morkel on

      Sorry to see you fail :( I hope the team finds other interesting projects to pursue soon, and we sure will remember Solu as the innovative project that was showing us what the future could be (I guess you guys were just 5 years too early). All the best!

    3. Missing avatar

      The Chief on

      "Far better is it to dare mighty things, to win glorious triumphs, even though checkered by failure... than to rank with those poor spirits who neither enjoy nor suffer much, because they live in a gray twilight that knows not victory nor defeat."

      -- Theodore Roosevelt

    4. Sander Hoek on

      Run it trough a translater, what about taking your responsibility and tell us tf is going on. Its the last and least thing you can do, shiw some respect for us backers. You guys never let anything know!

    5. Ro Olufunwa
      Superbacker
      on

      Messengers of bad news are rarely thanked...

      Thank you for your integrity, bravery and the transparency of the update.