The curator handling the bankruptcy of Cosmicnode is still in talks about a possible restart, about six weeks after the company was officially declared bankrupt. Since the collapse of this specialist in wireless LED lighting control, several parties have approached the curator requesting more information about the company's assets and potential continuation.
Before a restart could even be considered, a related holding company also had to go bankrupt. That process was completed nearly a month after Cosmicnode's initial bankruptcy ruling.
According to the first bankruptcy report, the Eindhoven-based company had been part of a three-party agreement. Cosmicnode supplied the software, which, when combined with hardware from another company, created a full product that's been installed at roughly 100 horticultural businesses since 2021.
Entering the market independently
Earlier this year, Cosmicnode decided to enter the market on its own for the first time. It now appears there were doubts about whether the company could truly stand independently. Until February 2025, Cosmicnode had worked exclusively with one LED manufacturer, and according to that partner, the exclusivity agreement should have continued beyond that date.
The company's directors told the curator that they hadn't received any new orders from this partnership in 2024, which left them short on cash and forced them to file for bankruptcy. Right after the announcement, the curator informed us that Cosmicnode had been actively seeking new investors before the collapse.
There are now signs that a few pending orders could still be fulfilled. The curator is trying to transfer these orders as part of the potential restart. At the same time, they are working through unpaid invoices totaling about €33,000.
The first bankruptcy report also shows that 15 creditors have come forward so far, claiming a total of roughly €125,000.
Before its bankruptcy, Cosmicnode offered two main products: HortiControls and Cosmicnode Infinity. HortiControls is an app available in both the Google Play Store and Apple's App Store, allowing growers to manage their LED lighting directly from a smartphone, computer, or climate computer. Cosmicnode Infinity is a cloud-based platform for centralized control and remote monitoring of multiple greenhouses from anywhere in the world, all through a single sign-on.
In short, while Cosmicnode's innovative lighting control solutions found a solid foothold in horticulture, financial setbacks and a stalled partnership ultimately dimmed the company's prospects. Whether the lights will turn back on through a successful restart remains to be seen.
