The Portuguese EdTech startup Fakedoor, which was launched with a capital of €1 million, has suddenly shut down after a short period of operation.
The entire team has left, and the company's website is no longer active, indicating a complete closure.
Despite early aspirations to bring innovation to the education technology sector, Fakedoor's operations appear to have ended quietly, with no public statements from its founders or investors.
The startup's short lifespan underscores the volatility and high-risk nature of Portugal's rapidly growing EdTech and startup ecosystem, where many ventures struggle to maintain initial momentum.
The reasons for Fakedoor's closure remain undisclosed, but its disappearance adds to a growing list of Portuguese startups that failed to scale despite strong initial funding, highlighting the challenges of sustaining growth in an increasingly competitive and capital-intensive market.
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