Square Peg raises over $1 billion for new funds amid AI bonanza
The Australian VC finalised two funds, one for early-stage investments and another for bigger bets, totalling over $1 billion.
Canva
Ranked: Australia’s best employers in 2026
Where are the best places to work in Australia? Forbes and Statista surveyed more than 300,000 workers to find out.
Canva valuation marked down by US titans T. Rowe Price and Franklin Templeton
T. Rowe Price and Franklin Templeton, which each manage trillions in assets, bought into Canva at a US$40 billion valuation in 2021. Canva is preparing a foundation model it hopes will help reverse the trend.
Canva takes the fight to Microsoft and Google for enterprise subscribers
As it reshapes its core creativity products around AI, Canva is also hoping more prosaic productivity features can drive subscriptions.
Canva bet millions on data centre play Sharon AI before becoming its ‘major customer’
Filings lodged with the SEC show Canva invested in Sharon AI during its December 2025 pre-IPO raise alongside the likes of Regal Funds Management and Ellerston Capital.
Canva founder says AI costs down 90% after skyrocketing bills delayed product rollout
Canva had to delay its Canva AI 2.0 rollout after the booming costs of compute made the products uneconomical. The company has cut its AI costs and is ready to scale back up, founder Cliff Obrecht says.
Exclusive: Canva’s billionaire cofounders reveal next step in plan to give away vast majority of their fortune
In an interview with Forbes, the design software giant’s CEO Melanie Perkins discusses her and husband Cliff Obrecht’s latest philanthropic initiative.
Australia’s VC sector is the fastest growing in the world – but one key pool is drying up
Australia’s VC industry is on track to have its biggest year since 2022, a new report from Side Stage Ventures and the Australian Investment Council says, but most of that is going to the top end of town.
‘Before Canva was Canva’: Mel Perkins on the original vision now shipping at scale
From newsrooms to meeting rooms to boardrooms, the shift to agentic workflows is letting leaders focus on the story instead of the process. Perkins says she has been building towards this moment since before Canva was Canva.
Canva valued at $42 billion in employee share sale
The latest funding round was led by Fidelity Management & Research and funds linked to J.P. Morgan Asset Management.