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Online graphic design startup Canva is now worth $1 billion

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Canva is Australia’s first unicorn of 2018, after raising $40 million (AUD$50.9 million) to push the design startup’s value over $1 billion.

Now available in 190 countries, with over 10 million users, the online design and publishing platform was launched in 2012 by CEO and co-founder Melanie Perkins — now the youngest female entrepreneur to have reached unicorn status. 

“It’s still extremely early days for us yet, and we feel like we’ve done one percent of what we believe is possible but it’s quite exciting to get to this point in time, and it’s been a huge journey,” Perkins told Mashable. Read more…

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New startup lets you take out interest-free loans to buy art on the spot

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Ever been to an art exhibition, spied something you like, wanted to snap it up immediately, but didn’t have the coin? Don’t ask your bank, ask Art Money.

Launched in 2015, Australian startup Art Money is designed to help regular folks buy art on the spot in local galleries — and now it’s going worldwide. Started with a handful of Sydney galleries by 10 Group, Art Money is now available in 350 galleries worldwide, from Auckland to Singapore to New York. 

Art Money has sold more than 1,000 artworks through its interest-free loan program — and one quarter of customers were first-time art buyers. The team says they’ve seen more than $2 million spent in Sydney galleries with their program — and now, 90 percent of galleries in inner city Sydney offer Art Money. Read more…

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Crunch Report | Oculus CTO Is Suing ZeniMax

Bolt Threads creates a tie made from spiderwebs, Oculus’ CTO is suing ZeniMax for money never paid to him and Google has a new startup competition. All this on Crunch Report. Read More

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Thistle launches meal kits to make nutritious baby food at home

Thistle Baby sends pre-measured ingredients and recipes to parents who want to make their own baby food. Food delivery startup Thistle was never been in the business of making meal kits, those boxes of pre-measured ingredients and recipes to help customers cook at home. The startup’s married cofounders, Ashwin Cheriyan and Shiri Avnery, thought that prepared meals, ready-to-heat or raw and ready-to-eat, were a better fit for their busy customers. Meal kits, they said, felt like time… Read More

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Draw electrical circuits with this silver pen

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Silver has the highest conductivity among metals and this silver ink pen lets you connect electrical circuits by just drawing on paper. 

The Japanese startup, IgIC, hopes to use the pens to drive down the costs of traditional electrical circuits. Read more…

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