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VC-backed Picsart to acquire DeepCraft

December 3, 2021

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Picsart has agreed to buy research and development company DeepCraft, in a deal that TechCrunch reported to be in the seven-figure range. San Francisco-based Picsart, which provides a digital content creation platform, is backed by investors including SoftBank, Sequoia, DCM and G Squared.

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