Small Business
Zoomd Announces Strategic Initiative with Sharp Alpha to Expand User Acquisition Growth Opportunities
Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, "Zoomd" or the "Company"), the marketing technology (MarTech) user-acquisition and engagement platform, today announced that it entered into a binding agreement relating to a strategic collaboration with Sharp Alpha UA Fund I, LP (the "Fund" or "Sharp Alpha"), a US$150 million fund focused on providing non-dilutive user acquisition financing solutions to growth-stage digital businesses.
About this update from Zoomd Technologies Ltd.
TORONTO, June 29, 2026 /PRNewswire/ -- Zoomd Technologies Ltd. (TSXV: ZOMD) (OTC: ZMDTF) and its wholly-owned subsidiary Zoomd Ltd. (collectively, "Zoomd" or the "Company"), the marketing technology (MarTech) user-acquisition and engagement platform, today announced that it entered into a binding agreement relating to a strategic collaboration with Sharp Alpha UA Fund I, LP (the "Fund" or "Sharp Alpha"), a US$150 million fund focused on providing non-dilutive user acquisition financing solutions to growth-stage digital businesses. Under the arrangement, Zoomd will identify and introduce companies that may benefit from dedicated user acquisition financing, including existing clients and other companies within Zoomd's business network. Sharp Alpha and Zoomd will work together to identify financing opportunities that can help qualifying companies accelerate growth and scale their user acquisition activities. As part of the collaboration, Zoomd has committed to invest up to US$1.0 million alongside the Fund in financing opportunities introduced by Zoomd and approved by Sharp Alpha, subject to agreed investment parameters. This structure enables Zoomd to participate alongside the Fund in financing transactions originated by the Company, while creating opportunities to expand Zoomd's business activities with financed companies, including in the areas of user acquisition and performance marketing. Zoomd's investment commitment will be funded through capital calls during the Fund's investment period (expected to be between 3 and 5 years). Zoomd's participation is limited to transactions referred to by Zoomd, without a majority investment in any individual facility (subject to customary management fees on its committed capital and preferential carried interest terms on referred investments). Zoomd's investment commitment will be funded from the Company's existing cash resources. As of Q1.2026, the Company had cash and cash equivalents of over US$22 million and an undrawn credit facility, providing sufficient liquidity to support the commitment. In addition, it is intended that Sharp Alpha will introduce Zoomd's services to relevant companies within its portfolio and investment pipeline, creating potential opportunities for additional commercial engagements. Zoomd believes that the initiative expands the range of solutions Zoomd can offer by combining its perf...
View stock analysis, news, and events for Zoomd Technologies Ltd.