Close Menu
    Facebook LinkedIn YouTube WhatsApp X (Twitter) Pinterest
    Trending
    • Munich-based encosa raises €25 million to bring battery storage to German SMEs
    • Websites Can Now Spy on You Through Your Hard Drive
    • Kalshi debuts regulated crypto perpetual futures
    • Apple Will Reportedly Add Bill-Splitting Feature to iOS 27
    • Escaping the Valley of Choice in BI
    • SEO headline New urine test uses gut biomarkers to identify autism earlier
    • Socceroos legend Tim Cahill backs sports swag design platform Nardo in $1 million pre-Seed raise
    • ‘Sexual Chocolate’ Faces Recalls After FDA Tests Reveal Undisclosed Viagra
    Facebook LinkedIn WhatsApp
    Times FeaturedTimes Featured
    Tuesday, June 2
    • Home
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    • More
      • AI
      • Robotics
      • Industries
      • Global
    Times FeaturedTimes Featured
    Home»Startups»Neurodivergent app Spoony shuts down as investors prefer AI
    Startups

    Neurodivergent app Spoony shuts down as investors prefer AI

    Editor Times FeaturedBy Editor Times FeaturedApril 9, 2026No Comments4 Mins Read
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email WhatsApp Copy Link
    Spoony, an award-winning Australian social media app centered on the disabled and neurodivergent group, will shut down as buyers flip their focus from ‘conventional’ tech startups to synthetic intelligence.

    Based in 2024 as an alternative choice to the likes of Fb, Instagram, and X, Spoony is a social media app serving to customers bond over their shared experiences.

    The startup raised $1 million to fuel its early expansion and now counts greater than 65,000 customers throughout the disabled, neurodivergent, and chronically unwell communities.

    However cofounder and CEO Nicholas Carlton says Spoony is ready to shut by the top of Might after its deliberate October 2025 funding spherical fell via.

    Carlton mentioned Spoony adopted the ‘develop first, monetise’ later mannequin, which has fallen out of favour with buyers now prioritising profitability.

    “Within the two years that I’ve been engaged on Spoony, the surroundings has actually modified so much,” he mentioned.

    Get the perfect of Startup Each day straight to your inbox

    Need to know the newest in startup information? Subscribe to our day by day information and evaluation protection on what’s taking place to ANZ startups, buyers and the broader ecosystem. And better of all, it is FREE!

    By persevering with, you conform to our Terms & Conditions and Privacy Policy.

    “The sands have shifted, in a manner, and I believe there’s an expectation now from buyers that you’re monetising a lot, a lot earlier.”

    Promoting — the lifeblood of conventional social media — solely is sensible as soon as platforms go 1,000,000 customers, mentioned Carlton.

    “I’m dissatisfied that we haven’t had the chance to develop into that,” he mentioned.

    Spoony explored different avenues. It referred customers to speech pathologists, or medical doctors able to administering ADHD and autism assessments, in a mannequin Carlton referred to as “actually profitable”.

    Nevertheless, pursuing these alternatives additional would have turned Spoony right into a fully-fledged digital well being enterprise.

    “We very a lot needed to remain as a light-weight expertise firm that was bringing individuals collectively,” he mentioned.

    Turning down AI in market frenzy

    One other turning level got here when Spoony experimented with a digital therapist powered by synthetic intelligence.

    That mannequin proved in style amongst some Spoony customers, even because it pulled the startup farther from its core ethos.

    “I obtained actually involved in regards to the relationships individuals had been forming with humanised AI, and so it felt, ultimately, fairly antithetical to what Spoony was, which was connecting two individuals collectively,” mentioned Carlton.

    Eschewing synthetic intelligence — not simply within the chatbot, however when setting up the Spoony app itself — proved difficult for the startup when it sought additional funding.

    “A number of buyers in all probability would have most well-liked that we had been hooking individuals up with AI mates,” he mentioned.

    “You possibly can see that quite a lot of the funding has gone in the direction of AI companions and AI mates. That’s form of very a lot the place the VC focus is correct now.”

    And Spoony’s heterodox strategy to AI confirmed when it gained a Good Design Award final yr, main Carlton to have fun “fiercely human” design within the “period of AI slop”.

    The startup is now pursuing the sale of its belongings to an acquirer, probably an current digital well being enterprise, that seeks a group component.

    With out that type of sale, the Spoony platform will wind down by the top of Might.

    Reflecting on the startup’s trajectory, Carlton mentioned he hoped buyers will again future innovation within the incapacity sector.

    “That half saddens me, that we simply weren’t capable of get there.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Editor Times Featured
    • Website

    Related Posts

    Munich-based encosa raises €25 million to bring battery storage to German SMEs

    June 2, 2026

    Socceroos legend Tim Cahill backs sports swag design platform Nardo in $1 million pre-Seed raise

    June 2, 2026

    Ask these three questions before choosing a co-founder or regret it later

    June 1, 2026

    UK-based Circular11 secures €2.7 million to turn low-grade plastic waste into building materials

    June 1, 2026

    Cheque in: 3 startups ended May by raising $15.5 million

    June 1, 2026

    WiseTech CEO threatened amid job cuts; founder Richard White calls in police

    June 1, 2026

    Comments are closed.

    Editors Picks

    Munich-based encosa raises €25 million to bring battery storage to German SMEs

    June 2, 2026

    Websites Can Now Spy on You Through Your Hard Drive

    June 2, 2026

    Kalshi debuts regulated crypto perpetual futures

    June 2, 2026

    Apple Will Reportedly Add Bill-Splitting Feature to iOS 27

    June 2, 2026
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    About Us
    About Us

    Welcome to Times Featured, an AI-driven entrepreneurship growth engine that is transforming the future of work, bridging the digital divide and encouraging younger community inclusion in the 4th Industrial Revolution, and nurturing new market leaders.

    Empowering the growth of profiles, leaders, entrepreneurs businesses, and startups on international landscape.

    Asia-Middle East-Europe-North America-Australia-Africa

    Facebook LinkedIn WhatsApp
    Featured Picks

    How Spreadsheets Quietly Cost Supply Chains Millions

    April 27, 2026

    Earth Has Another Moon and It’s Staying Until Thanksgiving

    November 13, 2024

    New York lawmaker moves to regulate prediction markets in new bill

    November 11, 2025
    Categories
    • Founders
    • Startups
    • Technology
    • Profiles
    • Entrepreneurs
    • Leaders
    • Students
    • VC Funds
    Copyright © 2024 Timesfeatured.com IP Limited. All Rights.
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.