[BREAKING] Canva acquires startups working on animation and marketing

HEADLINE: Canva Acquires Animation and Ad-Tech Startups to Expand Professional Creative Suite

LEAD: Canva announced dual acquisitions on Monday: Cavalry, a UK-based 2D motion animation platform, and Mango AI, which focuses on ad performance optimization. The deals expand Canva's professional creative editing capabilities beyond its 2024 acquisition of Affinity.

BODY: Cavalry's animation tools will integrate into Affinity, Canva's professional creative suite for photo, vector, and layout editing. Canva revamped Affinity's design last year and made it free for all users, driving over five million downloads since the redesign.

The Cavalry acquisition closes what Canva identified as a gap in motion editing within its professional suite. Mango AI's acquisition adds advertising performance capabilities to the platform.

Affinity currently offers photo, vector, and layout editing functionality. With Cavalry's tooling, the suite will add motion editing capabilities.

WHAT'S NEXT: Watch for integration timelines and pricing announcements as Canva consolidates these tools into Affinity's offering.