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Haris's Newsletter
This Week in Australian Startups #80, 11th August 2024
This Week in Australian Startups

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

Aug 10, 2024
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Haris's Newsletter
Haris's Newsletter
This Week in Australian Startups #80, 11th August 2024
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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…

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