Bugali, a Parisian company that developed an interactive reading tablet for children (ages 18 months to 8 years), is currently undergoing judicial reorganization since mid-October 2024. Despite previous success at the Consumer Electronics Show (CES) in Las Vegas and partnerships with major publishers like Gallimard, Fleurus, and Albin Michel, the company's accumulated financial losses since its inception in 2019 have led to a cash shortage.
The administrator overseeing the reorganization process believes a relaunch is unlikely without a change in control and is therefore seeking potential buyers for the company's assets as part of a business transfer plan. The future of Bugali's innovative reading technology remains uncertain.