Blackbird and Airtree revalue Canva at $34.9B, down from $42B in 2025, as it struggles in the AI era; Canva's internal valuation falls to $31B, down from $38.9B (Australian Financial Review)
Major Canva investors cut its valuation by billions as AI-native design competition pressures one of tech’s largest private companies.
Excerpt
<a href="https://www.afr.com/technology/canva-investors-wipe-10b-from-valuation-20260813-p60o48"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260814/i6.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260814/p6#a260814p6" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.afr.com/">Australian Financial Review</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.afr.com/technology/canva-investors-wipe-10b-from-valuation-20260813-p60o48">Blackbird and Airtree revalue Canva at $34.9B, down from $42B in 2025, as it struggles in the AI era; Canva's internal valuation falls to $31B, down from $38.9B</a></b></span> — Canva and two of its longest-standing Australian backers have wiped over $10 billion ($US7.1 billion) off the design software giant's valuation … </p>
Read at source: https://www.techmeme.com/260814/p6#a260814p6