While some talk about the bankruptcy of start-up eZelleron from Dresden, Germany, others only say that the headquarters were relocated to the US. How much truth is to these rumors? First, what is certain is that the delivery of fuel cell device kraftwerk will be late, as bankruptcy proceedings for eZelleron GmbH began on April 18, 2016, at the local court in Dresden.
Although the company from the German state of Saxony collected more than USD 1.5 million in January 2015 during a spectacular crowdfunding campaign (see HZwei issue from April 2015), the money seems to have not nearly been enough for the planned advancement and manufacturing of fuel cell chargers running on liquid gas. The situation is already getting complicated here because the campaign, for which eZelleron boss Sascha Kühn had established a separate company in the US, eZelleron Inc., was handled through US online funding platform kickstarter.com. The preorders from the 11,500 supporters on Kickstarter have been managed by the American business, which continued operations as usual. The only enterprise to file for bankruptcy was German eZelleron GmbH.
Almost at the same time as the start of the bankruptcy proceedings, precisely five days prior, eZelleron opened a new office in …
Like Hydrogenious, kraftwerk is participating in the German Accelerator program initiated by the federal economic ministry, a program intended to help start-ups gain access to international markets. In mid-October, eZelleron GmbH had already been selected for the program by a panel of experts. German Accelerator also provided the office in Palo Alto.