Altada investor sues failed tech company’s founder for $500,000
Rocktop Partners led the $11.5m funding round in 2021 that put the Cork-based company on track to achieve ‘unicorn’ status
Altada
US financier taking legal action against Altada founder
Jeffrey Leo files proceedings against Allan Beechinor
State earmarks offices in docklands should it win bid to host EU Anti-Money Laundering Association
Ibec’s podcast sponsorship, Collison’s Abbeyleix charity event, new roles for Altada’s co-founders, NTMA’s land deal in the docks and Digicel’s sports channel in the Caribbean
Altada co-founder hit with €130,000 tax settlement
Revenue settles with 14 tax defaulters for a total of €3.7m
Altada lenders told that €160m equity sale was ‘imminent’
Revenue has challenged the legality of a €500,000 loan to the artificial intelligence company before its collapse
John Burns: Altada’s Beechinor advising State on tech sector challenges
Any Other Business: Anger over Looney pay; Cheltenham winners; Crumlin centre plan; talking down property; Ireland Day blues; and U2′s busy schedule
‘Material conflict’ around facts in Altada case, court hears
Revenue has applied to have a €500,000 loan to the insolvent company set aside
Meta job cuts, Altada’s loan terms, and Glen Dimplex nets €185m from Morphy Richards sale
Business Today: the best news, analysis and comment from The Irish Times business desk
Altada directors warned of ‘exorbitant and punishing’ loan terms
Loan is subject of complex legal row after being challenged by Revenue
Altada lost average of €867,000 a month in first half of 2022
Losses at insolvent artificial intelligence company could top estimated €20m
‘Highly adversarial’ legal row anticipated over Altada loan
Revenue Commissioners seeks to set aside €500k loan debenture
Path cleared for Altada sale to original bidder at lower price
Higher bid for troubled company accepted but failed to materialise, court hears
Altada buyer undeterred by staff revolt
Seen & Heard: Dublin apartments ‘paused’; Fingleton urged to declare bankruptcy; bedsit investor’s 200% return; NCT ‘chaos and confusion’
Altada ‘imploding’ as employees take stand against takeover bid
Row over US businessman’s offer adds layer of complication to difficult situation
Altada staff to resign after second bid for company accepted
Potential sale unlikely to resolve ‘brewing row’ over €500,000 debt
Insolvent AI firm Altada owed more than €8m to creditors
High Court hears of ‘weighty concerns’ about use of company funds by directors
Receiver agrees sale of Altada to tech entrepreneur for more than €3m
Troubled tech company had expected to achieve a $1bn valuation in 2022
Receiver appointed to troubled Cork tech company Altada
The data management and artificial intelligence company led by husband and wife duo Allan Beechinor and Niamh Parker has had financial difficulties in recent times
Funding for women-founded firms more than doubles, report shows
Female-founded companies raise more than €230m, up from €105m in 2020
Altada to create over 100 jobs after securing $11.5m in investment
Cork-based company provides AI-based solutions to improve business processes
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