Home World Politics Crypto Business Sports
Home World Politics Crypto Business Sports
Lifestyle App vVoosh Collapses After Raising £9m, Without Launching a Product image from bbc.co.uk
Image from bbc.co.uk

Lifestyle App vVoosh Collapses After Raising £9m, Without Launching a Product

Posted 6th Dec 2025

L 10%
C 85%
R

vVoosh, a lifestyle app backed by Sarah Ferguson, received more than £1 million in UK government R&D tax credits and raised about £9 million in total funding. Despite this financial backing, the company collapsed and was placed into administration in November 2025 without launching a product.

Manuel Fernandez, the founder and an associate of Sarah Ferguson who described her as an ambassador for the company, served as a director but resigned earlier in 2025. The administrator's report highlights a breakdown in communication between current directors, major creditors, and Fernandez, who ceased all communication after his resignation. The company is owed approximately £324,609 by a former director believed to be Fernandez, who sold his North London home for about £1.3 million last summer and is thought to have left the UK.

La Luna Investments, Ferguson's company, is owed £50,000 and held just under 1% of vVoosh shares. Meanwhile, the Charity Commission has started the process of removing the vVoosh Charitable Foundation from the charities register due to non-operation and overdue reporting.

Additionally, American backer Mark Guzy invested more than £400,000 to preserve essential services and protect the software platform following the company's troubles.

Sources
BBC Logo
https://bbc.co.uk/news/articles/cgl6zejp75wo
* This article has been summarised using Artificial Intelligence and may contain inaccuracies. Please fact-check details with the sources provided.