Monarch Tractor’s collapse ends with an acquisition by Caterpillar
The startup had faced mounting pressure from dealers, farmers, and a co-founder who complained that Monarch’s tech didn’t work properly.
Mergers and Acquisitions
Instacart acquires Instaleap to expand its enterprise platform internationally
The acquisition will allow the company to expand its business into international markets without needing to launch a delivery network in those regions.
Canva doubles down on AI and marketing automation with Simtheory, Ortto acquisitions
Canva says the acquisitions add strengths in agentic AI, data infrastructure, marketing automation, and customer engagement.
The company behind ClassPass and Mindbody just got a lot bigger with a $7.5B merger
The merger is a sign that the fitness industry is continuing to move toward consolidation to compete at a larger scale. Recent moves include MyFitnessPal acquiring Cal AI, an AI calorie counting app, and Strava buying two apps: cycling app The Breakaway and running app Runna.
Uber is buying Berlin startup Blacklane to bolster its ‘Elite’ offering
It’s a notable exit for Blacklane, which has raised more than $100 million from backers like Mercedes-Benz and Sixt.
Databricks bought two startups to underpin its new AI security product
With an overflowing war chest from its recent $5 billion raise, Databricks is buying startups and looking for more. It acquired Antimatter and SiftD.ai.
Elon Musk misled Twitter investors while trying to get out of acquisition, jury says
At the time, Musk had tweeted that Twitter had too many bots, which is why he was trying to renege on his commitment to buy the company.
Webflow buys AI content-generation platform Vidoso to bolster its marketing suite
Founded in 2024, Vidoso uses large language models to help organizations generate marketing collateral like images, presentations, video clips, blog posts, and social media content.
Ride-hailing inDrive acquires Pakistan’s Krave Mart to bolster grocery delivery
inDrive has closed its acquisition of KraveMart, expanding grocery delivery in a market dominated by Foodpanda.
Zendesk acquires agentic customer service startup Forethought
Forethought was years ahead of its time and the 2018 winner of TechCrunch Battlefield.