Corporate / CVC · 2 deals
Every published round Samsung Next took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
Companies Samsung Next has backed in a published round, and companies whose existing shares it bought off another holder.
| Company | What it does | First invested | Rounds | Led |
|---|---|---|---|---|
| Leonardo.Ai | 2023, Accelerator | 2 | 1 |
Fund closes reported for Samsung Next, as distinct from the investments it has made.
Companies Samsung Next has backed that another company then bought. An exit for the holding, not a deal Samsung Next did.
| Company | Bought by | Kind | Announced | Price |
|---|---|---|---|---|
| Leonardo.Ai | Canva | Acquisition | 30 Jul 2024 | $300m+ |
| Leonardo.Ai | Canva | Acquisition | Jul 2024 | $120m+ |
Stories naming Samsung Next. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Sydney AI platform Leonardo.Ai has completed a Series A on top of its seed round, taking total backing past $47 million from Blackbird, Side Stage Ventures, Samsung Next, Smash Capital and TIRTA Ventures.
Leonardo.Ai, a Sydney-based AI art platform, has raised $31 million US from Blackbird, Samsung Next and other backers, money it will put toward its enterprise push and hiring.
Also mediaweek.com.au·inaitoday.com·Forbes Australia·ARN (ARNnet)·Forbes Australia·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Startup Daily·SmartCompany·SmartCompany·SmartCompany·SmartCompany·SmartCompany·Forbes Australia