Article Highlights

Key Takeaway:

The high-profile mobility-as-a-service start-up MaaS Global filed for bankruptcy yesterday, having burned through €75.5 million in less than seven years and failing to find a way forward for its technology.

Key Data:

Chart: MaaS Global’s losses through 2021

Organizations Mentioned:

• MaaS Global

Sampo Hietanen, founder and CEO of high-profile mobility-as-a-service start-up MaaS Global this evening issued some of first comments since his company filed for bankruptcy yesterday, lamenting, “Nothing breaks like a dream.”

Hietanen, considered a guru of the technology early on during his eight-year run as head of the Finnish start-up, later became the poster child for MaaS’ disappointing start.

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