SoftBank-Backed Construction Technology Startup Katerra Set to Close
Pro Builder
JUNE 3, 2021
Thu, 06/03/2021 - 10:13. It laid off hundreds of employees last year and neared bankruptcy. Last year, the company was reportedly exploring the possibility of Chapter 11 bankruptcy proceedings, until it was bailed out by a $200 million cash infusion from SoftBank. cbroderick. Greensill also collapsed earlier this year.
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