Negative exit

Mutum
Shares

  • Collaborative Platform
  • Circular Economy
  • Sustainable cities and communities
  • Responsible consumption and production
Impact category Sustainable living Degree of maturity Seed
Amount collected : € 229 787.10

Pitch

Important

The company has not managed to monetize its business to balance its cost structure and to convince enough investors. The mismanagement of the leaders, in particular on the cash, led to a cessation of payment, and a liquidation.

Presentation

MUTUM is a free online platform in order to lend and borrow objects between individuals. This platform reinvents the way to consume and to own objects. It promotes mutual aid and fights against waste. Reciprocity is allowed thanks to a points system : the "mutum". Each contribution to the platform allows to earn some mutums, which can be used to borrow some objects. 

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Transaction

Reasons to invest

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Fundraising goal
€ 600 000
Financial product
Shares
Investing in unlisted companies carries the risk of losing all the money invested.