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Aussie design startup Canva’s valuation balloons to $15 billion Fortune 3 hrs ago © Courtesy of Canva Subscribe to Term Sheet, a daily brief on the biggest deals and dealmakers, delivered free to your inbox. Melanie Perkins has come a long way since founding a high school yearbook business in 2006. Out of bthe seed of that small venture she grew Canva, a white-hot graphic design startup based in Sydney, Australia, that she leads as chief executive. Now Canva is notching its latest milestone. On Tuesday, the nine-year-old company plans to announce that it has raised $71 million at a priv...

August Robotics backed by Atlassian’s co-founders is building cleaning robots that can potentially take hotel staff out of harm’s way and stop quarantine breaches.

Australia Digest: Arcadia Capital buys Orange Hire; Grok Ventures backs Brighte Photo: Reuters Premium Australia-based private equity firm Arcadia Capital has acquired equipment rental firm Orange Hire while Grok Ventures has led a $73-million round for Australian household solar energy financier Brighte. Continue reading this story with a subscription to DealStreetAsia. Contact us for corporate subscriptions at subs@dealstreetasia.com. Sign up for our newsletter - The Daily Brief Opt out of receiving The Daily Brief in your inbox everyday REGISTER ...

Brighte founder Katherine McConnell. Source: supplied. Fintech and energy startup Brighte has rounded out the year with a massive $100 million raise, as it introduces a new business model, positioning itself as an energy retailer. Headed up by founder and chief Katherine McConnell, Brighte offers credit services allowing households to install energy products such as solar panels and batteries, as well as helping fund home improvements. The round was led by Grok Ventures, the investment fund of Mike and Annie Cannon-Brookes, which invested some $78 million into the round. Existing backers AirT...