Technology

Canva valuation leaps to almost $50b after quiet fundraising round

The design software giant is the largest of the country’s privately owned technology firms, and is seen as a bellwether for the local start-up sector.

Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Canva says it is now worth almost $50 billion after raising an undisclosed amount of new money as it heads toward a public listing next year. The design software giant said its valuation had risen by $US6 billion ($9.

1 billion) to $US32 billion after the deal, the first since investors and employees were allowed to sell shares in April. Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Introducing your Newsfeed Follow the topics, people and companies that matter to you.

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