Double unicorn start-ups losses spiral to $62m
Most recently valued at more than $2bn, SafetyCulture’s losses have tripled but its founder says his company is still on track to be the next Atlassian or Canva.
Most recently valued at more than $2bn, SafetyCulture’s losses have tripled but its founder says his company is still on track to be the next Atlassian or Canva.
The nation’s biggest super funds are backing the Canva investor, despite a ‘tech wreck’ that is slashing valuations and forcing lay-offs across the sector.
Tech veteran Paul Bassat says the carnage tearing through Australia’s start-up sector is providing new opportunities for investment, and he’s putting his money where his mouth is.
SunDrive, the start-up hoping to replace silver elements in solar cells with cheaper copper, has drawn the support of heavyweight investors as it raises $21m.
The fastest Australian start-up to hit a billion-dollar valuation is set to expand its global reach after a fresh funding round that has seen it achieve what Canva was not able to do this year.
The software company is likely to overhaul its new building and could make it a new headquarters as it looks to dramatically step up its operations.
Mike Cannon-Brookes and Canva billionaire Cameron Adams are backing this start-up aiming to get thousands more electric vehicles onto Australian roads.
Canva, one of Australia’s rare unicorn tech companies, is also one of the most sought-after employers, dealing with about 300,000 job applications each year.
Virtual Gaming Worlds was only established 12 years ago, but is now the sixth-biggest private company in Australia, ahead of big names like Linfox, Chemist Warehouse and Spotlight. See the list.
Analysts say Adobe is being squeezed in the market by Australian tech darling Canva, and this acquisition is out of ‘need and not opportunity’.
Decisive action on climate matters as much as taking democratised design to the world for the co-founder of tech heavy-hitter, Canva.
Start-up success story Canva is setting its sights on Europe, acquiring UK-based data visualisation start-up Flourish for an undisclosed sum.
One of Canva’s earliest backers says the start-up is growing at record pace, but should hold its horses when it comes to an IPO.
Sydney-based online design Canva began life as an online tool to create school yearbooks and is now the fastest growing company in the nation’s history.
The Sydney billionaires are the youngest in the top 10 on The List – but are also set to be among Australia’s biggest philanthropists.
Tech unicorn Canva just shot the lights out with its latest capital raising. But on paper, the group tells a somewhat different story.
Melanie Perkins and Clifford Obrecht will make $800,000 on their Surry Hills apartment; chump change for a couple worth $2.5bn.
Canva co-founders Melanie Perkins and Cliff Obrecht will target US politics as they donate their billions to ‘the greater good’.
Melanie Perkins now one of Australia’s three wealthiest women after her tech sensation Canva rose in value to $8.77bn.
Melanie Perkins was running her first start-up when she met Bill Tai. There are a few million reasons why you need to know what happened next.
Original URL: https://www.theaustralian.com.au/topics/melanie-perkins/page/4