This Week in Australian Startups #80, 11th August 2024

More details about the Leonardo and Canva deal have been revealed by the AFR;

• Canva paid $370M in a majority equity deal

• Leonardo’s ARR in July was $15M USD, meaning they were acquired at a 16.6x multiple of their ARR

• Blackbird investors will get $63.7M of Canva stock from their initial $16M investment into Leonardo

If you’re in Sydney I’ll be at the Startu…