November 1, 2022
Google buys out AI avatar startup Alter
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.
October 1, 2022
Foodtech startup BreakBread revolutionize the supper club scene in the MENA region
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.
August 17, 2022
First agriTech startup launched by Hatch & Boost
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).
September 14, 2021
UAE-based startup Supy raises $1.5m in funding
“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.