The deal represents about 1.2% of the Canva's stock and after $2.4 billion worth of shares changed hands earlier this year.

Xefco, Hometime, Matrak and Enviz are among the Australian startups that raised millions in funding this week.

Sydney, Nova Scotia-based cleantech startup AlterBiota has secured $4 million in seed financing to develop, test, and commercialize its sustainable concrete additive. The round was led by Invest Nova ...

Quantum Australia will bring together leading Australian research institutions, industry partners and quantum companies ...

Zhik CEO Mat Belcher OAM, a sailing champion and multiple Olympic gold medallist, spoke with SmartCompany about how the Sydney-based startup came to be named as an official supplier for the Olympics. ...

SYDNEY - Australian textile technology startup Xefco has raised AU$10.5 million (US$6.9m) to commercialise production of its patented water-free textile dyeing and finishing solution.

Bonza, a startup low-cost carrier in Australia that competed with local heavyweights Qantas and Virgin Australia on some routes, is temporarily suspending flights as it discusses the ongoing viability ...

At the recent Amazon Web Services (AWS) Summit in Sydney Australia, the company revealed that Australia was an important market for AWS and that it was optimistic about the potential of GenAI adoption ...

Startups and small businesses have a couple of fundamental differences that may surprise you. The key to discovering the right business path is to understand those fundamental differences and identify ...

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. After years of booming growth, the AI ind ...

Cameron Adams was a web “rockstar” long before he cofounded Canva with Melanie Perkins and her husband Cliff Obrecht.

The hire comes less than a year after Fileread closed on a $6 million funding round led by an investment firm backed by Google.