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Canva valuation jumps 23% to $49 billion following new raise
- Design platform Canva has raised new investment, leading to a 23% increase in valuation to A$48.7 billion.
- The undisclosed investment raised Canva's valuation to US$32 billion, up by US$6 billion.
- The raise resulted in a $126 million windfall for Quadrant Private Equity.
- Canva's valuation now exceeds that of Telstra and Woodside Energy.
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