Saturday, March 22, 2025

Filings review: Builder.ai, which raised $450M from Microsoft and others, used an auditor with links to founder Sachin Duggal; Duggal resigned as CEO last month (Financial Times)

Financial Times:
Filings review: Builder.ai, which raised $450M from Microsoft and others, used an auditor with links to founder Sachin Duggal; Duggal resigned as CEO last month  —  Findings related to one of UK's best-funded tech start-ups raises alarm with corporate governance experts



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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...