Ledger. Australian venture funding, tracked

Company · AI

Kaleido

visual AI company

Coverage

Stories naming Kaleido. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.

Exit / M&A

The race is on

Blackbird partner Niki Scevak argues SaaS is not dead; winners will be companies that reinvent for AI, citing Canva's AI pivot and Kaleido acquisition, plus Heidi Health's new software category for doctors.

Also TechCrunch Australia·SmartCompany·Startup Daily·Startup Daily·Startup Daily·Forbes Australia·Forbes Australia·TechCrunch Australia·Forbes Australia·Forbes Australia

Unnamed stage $279m

Canva acquires Flourish as it sets its eyes on European expansion

Canva buys UK data visualisation startup Flourish, its sixth acquisition, months after a US$200 million raise valuing it at US$40 billion, with Flourish's founders and staff joining Canva.

Also SmartCompany·Startup Daily·Startup Daily·Startup Daily·Forbes Australia·Forbes Australia·Forbes Australia

Unnamed stage $200m

Canva acquires Flourish in mission to tell better stories with data

Canva has completed its acquisition of London data-visualisation startup Flourish, adding 44 staff and 800,000 customers, after earlier 2021 purchases of Kaleido and Smartmockups; terms were undisclosed.

Also SmartCompany·Startup Daily·Startup News (WA)·Startup Daily·Startup Daily·Startup Daily·Techboard·Techboard·Startup Daily·Forbes Australia·Forbes Australia·Forbes Australia

Something wrong? Tell us