Regional Police responded to a reported robbery in the area of Pioneer Drive and Doon Village Road in Kitchener.
They say it happened around 2:30 a.m. on Friday.
Police say a man was stabbed then robbed, and he was then taken to hospital with non-life threatening injuries.
Everyone is reminded to be vigilant of their surroundings, even though it is believed to be a targeted incident.
The investigating is ongoing.