Ledger.

Angel investor · Chief Operating Officer · Founder, Canva

Cliff Obrecht

Coverage

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

Fund close $1b

A billion reasons to invest right at the very beginning

Blackbird announces its new early-stage and growth funds have brought in A$1.05 billion, reflecting on early cheques, portfolio outcomes like Eucalyptus's sale, and new international backers.

Also Dealroom·Dealroom·AFR Technology·Startup Daily·Business News Australia·Forbes Australia·Forbes Australia·Forbes Australia·Dealroom·This Week in Australian Startups

Funding announcement

🇦🇺 This Week in Australian Startups #175, 23rd August 2026

Weekly roundup: Constantinople raises $62.5m; Blackbird wraps fund six above $1b; Guardhouse buys Mobohubb; SCX.ai debuts on the ASX; plus seed rounds, exits and executive changes across the ecosystem.

2 deals

Canva's AI acquisition spree continues, with two more startups from the Stayz founders

Canva has bought AI agent platform Simtheory and marketing software Ortto from the Sharkey brothers, who also founded Stayz — its fourth and fifth purchases this year, prices undisclosed.

Exit / M&A

Canva paints itself as an AI work platform with Simtheory, Ortto acquisitions

Canva has bought Sydney AI startup Simtheory and marketing automation firm Ortto, its fifth and sixth acquisitions in ten months, as it repositions from design tool to AI workplace platform; no prices disclosed.

Also Startup Daily·Startup Daily·This Week in Australian Startups

News

Propeller Aero cofounder Rory San Miguel named the 2025 NSW Pearcey Entrepreneur of the Year

Propeller Aero's chief executive Rory San Miguel has won the Pearcey Foundation's 2025 NSW entrepreneur award; the profile traces his path from UNSW clubs and Flirtey to the drone surveying company.

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.

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 $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·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.

12 deals

Ignition Lane's Weekly Wrap: the rise of the technouveau riche

Weekly roundup covering Canva's huge raise and rich-list climb, a run of Australian startup funding rounds including SiteMinder and Mable, Domain's purchase of IDS, and Mailchimp's sale to Intuit.

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

News

“You get your time in the sun”: AirTree founder Daniel Petre to step back from day-to-day operations at the firm

Veteran venture capitalist Daniel Petre will withdraw from daily duties at the firm he co-founded in 2014, moving toward a chair role, while discussing ecosystem maturity, a future fund and philanthropy among Australia's newly wealthy.

12 deals

Ignition Lane’s Weekly Wrap: Canva’s rise, Clubhouse plays Twitter, Slack’s Australian slog

Ignition Lane's weekly roundup covers Canva's US$71 million raise, several Australian payments acquisitions and mergers, local raises by Cyble, Enboarder, Rendr and Basiq, plus overseas deals including Plaid, Box, Ramp and Coinbase's listing.

Also Startup Daily·Startup Daily

2 deals

Melanie Perkins' tech startup Canva hits valuation of $19.7 billion after latest round of funding

Canva's valuation reached US$15 billion after a new funding round led by T. Rowe Price, Dragoneer, Blackbird Ventures and Skip Capital. The article also recalls Canva's earlier US$60 million raise and Blackbird's first investment.

Also SmartCompany·Startup News (WA)·Startup Daily·Startup Daily·SmartCompany·Startup Daily·SmartCompany·Startup Daily·Startup Daily·SmartCompany·Startup News (WA)

Exit / M&A

Canva buys two design startups after doubling its monthly users to 50 million in just 12 months

Canva has acquired Austrian AI startup Kaleido.ai and Czech mockup tool Smartmockups for undisclosed sums, adding AI and automation capability, and announced monthly active users have doubled to 50 million.

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

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