SoftBank-Backed Construction Technology Startup Katerra Set to Close
Pro Builder
JUNE 3, 2021
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. Off-Site Construction. Greensill also collapsed earlier this year. Read More. .
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