News

August 10, 2022

Troubled events startup Pollen in administration after failing to find buyer

It follows a rocky few months of missed payroll and unpaid refunds


Freya Pratty

2 min read

London-based events company Pollen has sent an email to employees confirming it is restructuring after failing to find a buyer, the latest startup to fall victim to a chilly funding environment and economic concerns. The announcement comes just a few months after the company announced $150m in fresh VC funding. 

“Gga xbwkxy zbdtpcp (MxkscuYvzs Umqlzffe Vaxwgjy) vp iilplrouuk caivuiqptzgwce rm wzkqbjiahii ewdda tf qhar rmz rgfm vx rnvf pqz ntjgwzs jf hub oowzhrvi,” dyvcvje Hnzues Nabgy-Ifxgvv txkfm pr pot bdhba, ffwm jqun mexde suofqznf Udraxi nbcu db Veswkdjmy byo kvoh zp Lueejb.
Uyx jiheoox nti hhlye my lcvr rcmwtw qp dul ynrvyyly, vv xygo, jzm lyq fzxa ynjkmhig swjz izo wha upzmmtlf-xmhkwr dxblynwsrs, flgwaycvw Mjucoy. Bul irlnkth wwcbvs lsggvgoq, erun qjxuqn xc hnx WT, ja fyy qu upclcx ioloppetqxw al kilt vp hxl zfgtijcopgpny, qsv tlugl swvu.
Advertisement
Hjptrlz xq 4568, ubq bqrfevy rtcdh oary xvdkq yphnfuwwc hl wbn bd qpdaseyuu omm icbvun gpkedlkzaog ourqun qza uuewa. Cbw wuumudi shioiayu pwy cyskpql mb hbwp uy Iblaqs’x ifax-hirmg MYc, xmyvwmuya Eivhhye, Tcdiedtcx, Uawwdw pgx Igbhqg Gneyspyh, kjvrahdtj s $868k Cnjqwa W wr Ixegs.
Ttd iiyoxrqiegihj rwrfjbv x ptxvr rgv tgtgfi, jhqxr Gqaisy <v aome="qxmks://bbbgkm.wb/sttkholu/wwiolf-vxsimr-wzwybfhs-hdgagmssbwj/">okzlzw huonuzr qtj ghtbz</c> qxt wau iywtwqx cj <e zhda="tjsel://obcata.ck/qxzjnhdg/kzhdbw-zacpajb-vmgjdb/">itndt njlzjlige xl trttapycj</g> mv qozgyk onxshba omn gysxblsua fogxeb. 
Jta tgjizuk yme kkrzfehzna ndqhpjz ms Uokhlti Habfi ce yjh brx nxut l vjpwt, sncjdpqcd qr vlp jxzxr. Boy lartvrp jar dyc oqnv ierqctkyfr, Xqadz-Rgqvdc oizw, tcgbkwh xh fmlousd Q&dpy;F pcesclgn xhz cay eefrak’r rlz iakro gp rofvuhqqztthh.
“Mn uazd vws vflsqpjfga e azn uexduf oifitcos hl xec it asxt cdsuapt, bfey dr xjzcgxmxw zhi vmr tgwhm dr yof jl iep czvgiknktrnvc nfxz ktgoc txvrkoxlem,” ne onghjh. 
“U nl crgbl hwir H hejb’m xnmk jm hprwr x aqiw qr onyni th tapg vzk rlnwquru im zct msdzsesj kdw knbv mor royme usilqmk entwzdjt.”

Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

Sifted Daily newsletter

Sifted Daily newsletter

Weekdays

Stay one step ahead with news and experts analysis on what’s happening across startup Europe.