BEN Group, Inc.

BENlabs has officially shut down operations after Gates Ventures withdrew its funding. This closure marks the end of the company's efforts to sustain its business amidst financial challenges. While specific employee counts were not disclosed, the shutdown indicates a significant impact on the workforce. The decision to cease operations comes as part of a broader trend in the industry, reflecting ongoing financial pressures faced by similar companies. The exact timeline for the shutdown was not detailed, but it is effective immediately as of October 1, 2023.