Canva Acquires Leonardo.AI: Stack Capital Group Inc. Sees Potential Upside

Curated by THEOUTPOST

On Wed, 31 Jul, 12:05 AM UTC

3 Sources

Share

Canva, a leading graphic design platform, has acquired Leonardo.AI, an AI-powered design tool. This acquisition is expected to benefit Stack Capital Group Inc., which holds a position in Canva through its investment in 1/10 Capital Fund.

Canva's Strategic Acquisition of Leonardo.AI

Canva, the renowned graphic design platform, has made a significant move in the AI-powered design space by acquiring Leonardo.AI 1. This acquisition marks a strategic step for Canva as it continues to expand its capabilities and maintain its position as a leader in the digital design industry.

Leonardo.AI is known for its advanced AI-powered design tools, which allow users to generate high-quality images and designs using artificial intelligence. This technology aligns well with Canva's mission to make design accessible and efficient for users of all skill levels 2.

Implications for Stack Capital Group Inc.

The acquisition has caught the attention of investors, particularly Stack Capital Group Inc., which holds a position in Canva through its investment in 1/10 Capital Fund 3. Stack Capital, a publicly-traded investment holding company, sees potential upside from this development.

Jeff Parks, CEO of Stack Capital, expressed optimism about the acquisition, stating, "Canva's acquisition of Leonardo.AI further solidifies its position as the leader in the graphic design space" 1. This move is expected to enhance Canva's AI capabilities and potentially increase its market value.

Canva's Growth and Market Position

Canva has been experiencing significant growth, with over 150 million monthly active users across 190 countries 2. The company's valuation stood at US$26 billion as of its last funding round in 2022. With the integration of Leonardo.AI's technology, Canva is poised to offer even more innovative and user-friendly design solutions.

Impact on Stack Capital's Investment

Stack Capital's investment in Canva through the 1/10 Capital Fund represents a significant portion of its Net Asset Value (NAV). As of March 31, 2024, this position accounted for 16.9% of Stack Capital's NAV 3. The acquisition of Leonardo.AI by Canva could potentially increase the value of this investment, benefiting Stack Capital and its shareholders.

Future Outlook

The acquisition of Leonardo.AI by Canva is expected to drive further innovation in the graphic design industry. As AI continues to play an increasingly important role in creative processes, Canva's enhanced capabilities could lead to expanded market share and increased user engagement 1.

For Stack Capital and its investors, this development presents an opportunity for potential value appreciation. The company remains optimistic about Canva's growth trajectory and its ability to capitalize on the evolving landscape of digital design and AI-powered creativity 3.

Continue Reading

Canva Acquires Leonardo AI for $320 Million, Boosting Its Generative AI Capabilities

Canva, the popular graphic design platform, has announced its acquisition of Leonardo AI, a generative AI startup, for $320 million. This move aims to enhance Canva's AI-powered design tools and solidify its position in the competitive market.

4 Sources

4 Sources

Canva Unveils Dream Lab: A New AI-Powered Image Generation Tool

Canva introduces Dream Lab, a new AI image generation tool powered by Leonardo.ai, along with several updates to its Visual Suite, marking a significant advancement in AI-driven creative tools.

6 Sources

6 Sources

StackAdapt Secures $235M Funding for AI-Powered Programmatic Advertising Platform

StackAdapt, a Toronto-based programmatic advertising startup, has raised $235 million in a growth round led by Teachers' Venture Growth. The company's AI-driven platform aims to revolutionize digital advertising with advanced targeting and automation.

3 Sources

3 Sources

Canva Announces Significant Price Hike for Teams Subscription, Citing AI Features

Canva, the popular graphic design platform, is set to increase its Teams subscription prices by up to 300% in 2024. The company attributes this substantial price hike to the integration of new AI-powered features, aiming to enhance user experience and productivity.

5 Sources

5 Sources

VCI Global Expands AI Portfolio with Strategic Investment in Marvis Inc.

VCI Global Limited invests in Marvis Inc., an AI startup specializing in digital clone AI agents, through its subsidiary VC AI Limited. The investment aligns with VCI Global's strategy to expand its AI portfolio and capitalize on the growing AI agents market.

2 Sources

2 Sources

TheOutpost.ai

Your one-stop AI hub

The Outpost is a comprehensive collection of curated artificial intelligence software tools that cater to the needs of small business owners, bloggers, artists, musicians, entrepreneurs, marketers, writers, and researchers.

© 2025 TheOutpost.AI All rights reserved

This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our policy.