Event Brief
Figma acquires Bud team behind vibe-coding platform
Filed: Jul 07, 2026 at 3:05 PM ET
Summary: 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 07, 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.
ℹ️ This event is analyzed using pattern arcs, velocity indicators, and source analysis in our MI Console.
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