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Event Brief

Figma acquires Bud team behind vibe-coding platform

Figma acquired the team behind Bud, an AI agent and vibe-coding platform, and will shut it down by July 18.
WHO: Figma
WHAT: Acquires the team behind Bud (formerly Orchids) and requires users to migrate projects by July 18 as Bud and Orchids are shut down.
WHEN: Jul 7, 2026 at 2:37 PM ET
WHERE: Location not specified
WHY: Figma acquired Bud, and Bud and Orchids will be shut down by July 18 with user project migration required.

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