Acquiring Company
Figma
Acquired Company
Bud
San FranciscoUnited StatesOtherSoftwareDesignProduct DesignInformation TechnologySoftwareArtificial IntelligenceMachine LearningDescription
Figma has acquired Bud, an AI-powered coding platform. This move is aimed at enhancing Figma's capabilities in AI-assisted software creation. Both Bud and its previous iteration, Orchids, will be shut down on July 18. Terms of the deal have not been disclosed.
Quick answer
Figma is acquiring Bud, announced July 10, 2026. Figma is based in San Francisco, California, United States.
- How much did Figma pay for Bud?
- The deal value was not disclosed.
- What does Figma do?
- Figma is a design platform for teams who build products together.
- Where are Figma and Bud based?
- Figma is based in San Francisco, California, United States. Bud is based in United States.
- Who are the decision-makers at Figma?
- Fundz holds 2 contacts at Figma. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Elastic acquires Deductive AI for enhanced analytics (August 24, 2026)
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- Mecka AI acquires Docula for robotics data enhancement (June 29, 2026)
- TrueFoundry acquires Seldon AI for enterprise growth (June 24, 2026)
- Unifonic acquires Segmentify for AI marketing boost (June 10, 2026)
- Snowflake to acquire Natoma for AI governance (May 27, 2026)
Who to call at Figma, and when
When Figma changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Figma raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Figma, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Bud?
Bud was acquired by Figma, based in San Francisco. The deal was reported on July 10, 2026. Figma is a design platform for teams who build products together. Born on the web, Figma helps teams brainstorm, design, and build better products— from start to finish. Figma is publicly traded (FIG) and operates in Other.
When did Figma acquire Bud?
Figma's acquisition of Bud was reported on July 10, 2026. Figma has acquired Bud, an AI-powered coding platform. This move is aimed at enhancing Figma's capabilities in AI-assisted software creation. Both Bud and its previous iteration, Orchids, will be shut down on July 18. Terms of the deal have not been disclosed. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Bud do?
Bud, formerly known as Orchids, is an AI-powered coding platform. It provides users with tools to generate applications for various platforms using AI technology. The company aims to simplify coding tasks and improve productivity for developers. It is privately held, operating in Information Technology, and is based in United States.
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