News Summary

Creative suite provider Canva has announced the acquisition of two startups: Cavalry, a UK-based company specializing in 2D motion animation, and MangoAI, which focuses on AI systems for improving video ad performance. The acquisitions aim to bolster Canva’s position as a comprehensive marketing solution by integrating new capabilities into its existing professional creative editing suite, Affinity. Cavalry’s tools will enhance motion editing features, while MangoAI’s expertise will contribute to advanced marketing products. With these additions, Canva plans to expand its all-in-one platform, further solidifying its role in the creative and marketing industries.