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Kaleido

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

4 deals

The Ignition Lane Wrap: Life in the fast lane. And calling road service

Ignition Lane's weekly wrap: Tiger Global's losses and past Australian bets, MilkRun and TradeSquare closures, Cyara's Spearline acquisition, a Co Ventures pre-seed fund, Square Peg's partner promotion and LaunchVic's 30×30 picks.

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

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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