As the Cork-headquartered artificial-intelligence data management start-up Altada navigates a delicate financial period, who among its investors stands to lose or gain from the outcome of the process? More to the point – who owns and controls Altada? As reported on Wednesday, the company has announced that it is hoping to raise bridging finance over the next six weeks to bring back around 40 employees it has laid off in Ireland and in the US, out of a workforce of 160. This funding would be pending a delayed series A round initially expected earlier this year. In an interview with…
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