Wonder Acquires Grubhub for $650 Million

Wonder Acquires Grubhub for $650 Million

Wonder, the food hall and delivery startup founded by Marc Lore acquired Grubhub for $650 million. The deal, expected to close in the first quarter of 2025, includes $500 million in senior notes and $150 million in cash. Wonder also announced an additional $250...
Serve Robotics Acquires Autocado-Maker Vebu

Serve Robotics Acquires Autocado-Maker Vebu

Serve Robotics is getting in the avocado game, and more importantly, the Chipotle game. The autonomous delivery company has announced that it is acquiring Vebu, the maker of the Autocado, a machine that processes avocados for guacamole. Autocado is known for its...
LAUNCH Incubator Opens Doors in Cloud Kitchen Space

LAUNCH Incubator Opens Doors in Cloud Kitchen Space

Cloud kitchens were all the rage after the pandemic. Then momentum slowed. Jason Calacanis never lost faith. Calacanis is the founder of LAUNCH, an early-stage investment firm. Through the LAUNCH Accelerator, LAUNCH Fund Syndicate, and LAUNCH CloudKitchens Incubator,...