Canva
As Hostplus emerges as the seller behind Canva's latest $32 billion valuation, will anyone actually use the new figure?
The Australian tech darling had another good story to tell today after a secondary sale boosted its value to $48 billion. But a lack of detail means it raised more questions than it answered.
Two months after Canva bought Leonardo.Ai, the startup's artificial intelligence model is powering the design giant's flashiest new feature.
Canva co-founder Melanie Perkins took the stage at SXSW Sydney to discuss the company’s growth, focus on AI and plans for education — all with an IPO on the horizon.
The Australian company will now have Canva's resources at its disposal — but it will still compete with challengers like Midjourney for creative dollars.
Only two local VCs invested in the gen AI startup: Blackbird and Side Stage Ventures. For the latter, only 18 months old, it's a strong early run on the board.
The graphic design unicorn's acquisition of Leonardo.Ai would be the perfect test case for a mandatory merger-review system — but that's not the regulatory landscape we're in.
By acquiring Leonardo.Ai, Canva will sharply level up its artificial intelligence game. But building powerful AI carries risks as well as rewards.
The graphic design unicorn is facing disruption from smaller, AI-driven rivals – which may have prompted its acquisition of Leonardo.Ai.
The acquisition of Leonardo.Ai gives the Australian design software company its own foundational model, a roster of AI talent and a bulwark against its competitors.
Founded in December 2022, Leonardo.Ai has over 19 million users and its very own foundation AI model.
The Aussie tech giant has invested in Figma after Adobe's failed bid to buy the company. Between Figma and Canva, design tech is flourishing — which is great news for Mike Cannon-Brookes.
The success of Canva is made of legendary stuff. But questions remain whether the rest of the ecosystem can shine against such a bright outlier.
Canva has officially completed one of the biggest secondary share sales in global startup history.
The Canva IPO will release a lot of liquidity into the market, but it's also likely to release a lot of experienced founders into the ecosystem's talent pool. The Valley had the 'Paypal Mafia' — could Australia have the 'Canva Cartel'?
Canva's secondary sale and eventual IPO will enrich its early backers, and likely usher in a new generation of Australian founders. The liquidity event may well have a cascading effect on the country's entire startup ecosystem.
Large secondaries by Australian startups like Canva have raised awareness of employee stock option plans. But experts are warning founders that poorly designed schemes can make life difficult for their startups.
Canva is known as a great place to work, but some are now wondering whether its culture is, in a way, too upbeat.
Canva prides itself on its culture. But the shock departure of its CFO this week raises questions about the way it has communicated to investors and staff at a critical juncture.
The departure of the design software company's CFO under the cloud of an internal investigation adds a fresh layer of uncertainty to its highly anticipated IPO.
In a statement Canva said it has "a zero-tolerance policy for inappropriate behaviour". The Aussie unicorn is now without a CFO in the run-up to a highly anticipated IPO.
With a lot of long-term employees and a high share price, could Canva's secondary sale mean a mass exodus before the IPO madness sets in? From the outside looking in, it certainly looks tempting.
A big payday is coming for the design software giant's early employees and investors — and well before its expected IPO.
Australia’s startup darling Canva has made its biggest splash in elite US investment circles to date.
Canva is not yet a public company, but with the success of so many VC funds riding on it, it almost operates under the pressure of one.
Tech companies embraced remote work with a fervour. Now Amazon has joined Tesla, Meta and Apple in demanding employees return to the office.
