Australian design giant Canva has a staggering new valuation of US$15 billion (A$19.6bn) following a fresh US$71 million (A$93m) investment. That figure more than doubles the company’s last A$8.7 billion valuation in less than 12 months following an A$87 million raise in June 2020. In just 18 months, the privately-owned design startup has more than… Read more »
It seems audacious to compare ourselves to Amazon – one of the biggest ecommerce retailers on the planet – but let me explain. Amazon drastically disrupted the normal supply chain model by bypassing retailers. They then further disrupted the supply chain by acquiring suppliers, removing the need for wholesalers. Amazon has created a warehouse-to-consumer direct… Read more »
Online design platform Canva is bolstering its capacity in the artificial intelligence (AI) and automation space with the acquisition of two European design startups. The Australian unicorn has bought Austrian AI platform Kaleido.ai, which built the popular background removal tool remove.bg and Unscreen, as well as Czech-based product mockup generator Smartmockups. The acquisition costs were not disclosed.… Read more »
Australian design company Canva wants to spread the love on New Year’s Eve and has launched a program to send positive messages to people around the world as the clock strikes midnight. The Canva #OnAGoodNote New Years Eve challenge is inviting people share messages of hope, inspiration, and kindness using Canva designs. It’s an online… Read more »
The continued rise of online design unicorn Canva was even more impressive in 2020 with the Sydney-based global venture revealing it developed 42 new partnerships in 18 countries in defiance of the disruption caused by the coronavirus pandemic. The growth of Canva’s global footprint ranged from key US integrations with the likes of Fedex Office… Read more »
Canva’s head of Social Impact, Robyn King, says the global design business has a “simple two-step plan” when it comes to its goals “One: Build the world’s most valuable company. Two: Do the most good we possibly can,” she explains. That second step is what drew the $8 billion Australian tech company to Pledge 1%,… Read more »
Australian design giant Canva has cracked the top 10 for the first time in the annual Forbes Cloud 100 list, which rank the world’s top private cloud companies. Canva came in at no. 7, with Melbourne fintech Airwallex at 61 and employee experience platform Culture Amp at 80, as the three Australian cloud-based tech startups to make… Read more »
● Canva raises US$60m for a US$6bn valuation ● The design platform now has 30m+ monthly users in 190 countries; ● Increases workplace collaboration tools, including talking presentations Privately-owned Australia design giant Canva has raised US$60 million (A$87m) in a round that nearly doubled the company’s previous valuation of US$3.2 billion to US$6 billion (A$8.7bn).… Read more »
As working remotely/partially remote becomes the new normal, it’s imperative we consider how this arrangement affects the ‘person behind the employee’. Canva’s Head of People, Crystal Boysen, shares how Canva is looking after working parents and those who are caring for others, while we find our way through the post-COVID era. The world… Read more »
Happy Monday all. Let’s kick off the week 1. Zoom goes security shopping Video communication site du jour, Zoom, is working on beefing up its security, with CEO Eric Yuan implementing a 90-day plan focusing on privacy and security, after a string of incidents with strangers – hello Hamish Blake – dropping uninvited… Read more »
The impact of COVID-19 is being felt around the world. As a result, many companies are shifting to remote work environments and navigating uncharted waters in the midst of a globally unprecedented situation. At Canva, all employees are now working from home as a precautionary measure to #stopthespread. Our priority throughout this change has been… Read more »
The leaders of some of Australia’s biggest tech companies, including Canva, Atlassian, Livetiles, Safety Culture and Deputy, have released a manifesto on how business should respond to novel coronavirus as the world faces a potentially massive health and economic crisis. Inspired by the “Leading Boldly” campaign, which launched in the US on the weekend and… Read more »
Global design startup Canva is making International Women’s Day with a series of initiatives supporting women working for the company. While the tech unicorn has committed to creating more gender-balanced tech teams and increasing female representation in engineering, one of the biggest stresses parents face during school holidays is also being addressed, with a complimentary… Read more »
Welcome to Friday Here’s to the Australian women’s T20 cricket team being part of this weekend’s International Women’s Day celebrations. 1. DeepMind takes on COVID-19 Google’s UK artificial intelligence team at DeepMind have turned their attention to COVID-19. In a blog post the DeepMind team flagged its efforts in a way that left us slightly… Read more »
Shares in ASX-listed workplace software startup LiveTiles have jumped more than 7% on news that it will introduce Canva’s design software to its subscription platform. LiveTiles connects and integrates other workplace software through Office 365 or Azure without people needing coding experience to create everything from dashboards, to employee portals, and corporate intranets. Founded… Read more »
Epic Games gives Australian medtech startup Vantari VR a $131,000 grant
ANZ doubles down on business expenses fintech DiviPay in $1.7 million series A top up
Space accelerator Moonshot just backed 11 startups shooting for the stars
Right Click Capital’s Ben Chong on the top tech trends for 2021: cyber security
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