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MyFeld AG announces discontinuation of business

It is with regret, but also with heartfelt gratitude, that we must announce an unpalatable announcement about the future of MyFeld.

Despite our intensive efforts, we are unfortunately forced to announce the closing of MyFeld AG and to deposit our balance sheet in the coming days.

This decision was not easy for us.

Unfortunately, despite our intensive efforts, it was not possible to find sufficient new investor funds to continue our business operations. The search for solutions and numerous discussions with investors, banks and other stakeholders were unsuccessful.

The current situation on the market makes it difficult to acquire new investor funds. This challenge not only affects us as a startup, but also well-known companies, as was recently reported in various media reports.

We would like to take this opportunity to express our sincere gratitude to all our customers, investors, suppliers and service providers, as well as supporters. Without your trust and support, we would never have come as far as we have in the past months and years. Your loyalty and trust mean a lot to us.

The closing of the business affects all areas of our company. We would like to inform you that we will conscientiously carry out the process of closing down the business under the legal and financial guidance of experts to ensure that all necessary steps are duly implemented.

Currently, we can not yet say what the exact timing of the closure of the business. However, we will make every effort to be able to provide information in a timely manner. We ask for your patience and understanding in this matter.

We will publish the most important information in connection with this business discontinuation here in the coming days.

Once again, we would like to sincerely thank you for your support and loyalty. It is a difficult time for all of us, but we will do our best to manage this process as smoothly as possible.

Thank you for your trust understanding.

With great gratitude,

The team of MyFeld AG