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- StrongRoom will be wound up as EVP names the startup’s early investors as defendants in expanded legal action to recover $10.4 million
StrongRoom will be wound up as EVP names the startup’s early investors as defendants in expanded legal action to recover $10.4 million

Creditors have voted to liquidate StrongRoom AI after investor EVP secured a court order recognising it as a $10 million creditor — a move that gave it decisive influence over the outcome and derailed a rival rescue plan led by fellow investor InterValley. Meanwhile, EVP has named the startup’s early investors as defendants in expanded legal action to recover $10.4 million.
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