Ledger. Australian venture funding, tracked

CEO · Founder, Canva · angel in 2 deals

Melanie Perkins

Coverage

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

Funding announcement

From 0 to 4.5 billion: how the Startmate pay-it-forward mentorship model built a startup powerhouse

Startmate reflects on a decade of backing founders, profiling breakout alumni across its cohorts and describing how its mentors reinvest in newer startups, alongside its fund model and returns.

undisclosed

Canva hits $42B valuation in secondary sale, joining Figma in pre-IPO spotlight

Canva launched an employee share sale valuing the design software firm at $42 billion, led by Fidelity with JPMorgan's asset arm joining, ahead of a planned IPO; US rival Figma listed last month.

Also Crunchbase News·stratechery.com·Crunchbase News

3 deals

AI customer support startup Lorikeet has now raised $75 million in just 10 months

Sydney AI customer-support startup Lorikeet has closed US$35 million in a Series A led by QED Investors, its third round in under a year, lifting total funding beyond $75 million.

Also SmartCompany·Cut Through Venture·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup Daily

Funding announcement

‘We believed in what we were building’: Canva’s Melanie Perkins on raising capital and achieving big goals

Women's Agenda interview with Canva co-founder Melanie Perkins on her SXSW Sydney conversation with investor Mary Meeker, covering Fusion Books, Silicon Valley rejections, and the early backers who funded the design platform.

2 deals

SXSW Sydney Live Day Two: Startmate hangovers, Abi the dancing robot, rolling coverage from ICC

SmartCompany's rolling coverage of SXSW Sydney day two, recording Polymath's pre-seed raise and Build Club's recent funding, the Equity Clear launch, Startmate's Demo Day, and women-founded startup pitches at Google's event.

Exit / M&A

AirTrunk's $23 billion sale buoys the South Asian Australian startup community

Data centre company AirTrunk's multi-billion-dollar sale to Blackstone and a Canadian pension board is celebrated by founders of South Asian heritage, who see Robin Khuda's journey as inspiration for Australia's startup ecosystem.

Also Forbes Australia·ARN (ARNnet)·SmartCompany·Forbes Australia

Seed $10.2m

The ten richest women in Australia, according to the AFR

Profiles Australia's ten wealthiest women from the AFR's new list, alongside Canva's in-progress share sale, a large gift to a global gender-fund vehicle, and one backer's earlier healthtech round.

Also quadrantpe.com.au·Forbes Australia

3 deals

Workplace coaching platform Fingerprint for Success raises $6.5 million

Fingerprint for Success, an AI coaching platform, has closed a $6.5 million second seed round led by Investible, with Canva's founders investing again; its lifetime funding now totals $9.2 million.

Seed $5m

Virtual personal and professional coach creator takes funding to $9 million

Fingerprint for Success, maker of AI coach Marlee, raised $5 million in an Investible-led seed round, lifting total funding to $9 million, with participation from Five V Capital, Salesforce Ventures and several high-profile angels.

Also SmartCompany

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

5 deals

Startup Daily's most read stories of 2021

A year-in-review of Startup Daily's most-read 2021 stories, recalling major Australian tech exits including A Cloud Guru, Afterpay and Sweat, Canva's soaring valuation across three raises, Zero Co's crowdfunding record, and new VC funds.

Also Startup Daily·Startup Daily·Startup Daily·SmartCompany·SmartCompany·SmartCompany·Fintech News Australia·Business News Australia·Crunchbase News·LaunchVic

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