Canva has unveiled their plans to acquire Leonardo.AI for an undisclosed amount. The acquisition of the startup aims to bolster Canva’s suite of visual AI tools. Notably though, it follows Canva’s billion-dollar acquisition of Affinity, a known competitor to Adobe. Similarly, the Leonardo team is slated to join Canva while operating independently. It has also raised USD 47 million in December 2023 with the aid of Blackbird Ventures, a major backer for Canva. What do you guys think of Canva's upcoming acquisition? The Affinity creative suite added new key features via their latest update, the first since the company’s acquisition by Canva. Indian smartphone brand Micromax has launched a smartphone with an 18:9 display and simply calls it the Canvas Infinity. Read more in our articles including "Canva to acquire generative AI platform Leonardo.AI" and "Affinity 2.5 update released, first since Canva acquisition".
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May 8, 2026Canva has unveiled their plans to acquire Leonardo.AI for an undisclosed amount. The acquisition of the startup aims to bolster Canva’s suite of visual AI tools.
Notably though, it follows Canva’s billion-dollar acquisition of Affinity, a known competitor to Adobe. Similarly, the Leonardo team is slated to join Canva while operating independently. It has also raised USD 47 million in December 2023 with the aid of Blackbird Ventures, a major backer for Canva.
Our coverage of canva acquisition includes: "Canva to acquire generative AI platform Leonardo.AI"; "Affinity 2.5 update released, first since Canva acquisition"; "Micromax Canvas Infinity has an 18:9 'Full Vision' display". Each article provides unique insights and information.