Unicorn journey

In a very stealthy way, Google bought Alter, an AI startup specializing in creating avatars using AI. This acquisition is taken as a step by the search engine giant to take the fight to the short video-sharing platform TikTok and has reportedly paid around $100 million for the buyout.

Abu Dhabi-based venture builder, Hatch & Boost Ventures, ADGM, ​​a joint venture between Crescent Enterprises and Hatch & Boost, has announced the launch of BreakBread, a Foodtech startup on a mission to reinvent the supper club scene by providing a first-of-its-kind digital marketplace and hub for curated home-cooked dining experiences.

Hatch & Boost Ventures, ADGM, an Abu Dhabi-based venture builder committed to 'hatching' startup ideas at the intersection of impact and innovation and boosting them into scalable ventures, has announced the launch of World of Farming, its first agriTech startup in its portfolio (WoF).

500 Global will continue to invest at the accelerator and seed stage and later stages of a company's growth, as part of its expanded investment strategy and begun to make larger investments in firms.

“Having spent the past decade in both the technology and F&B industries, I experienced first-hand the countless pain points that exist for both restaurants and suppliers when it comes to the ordering process,” said, Dani El-Zein.