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The VC Beat: Canva gets US$70M; Ivalua secures $60M

This feature rounds up venture capital news and highlights larger deal coverage already published.

* Australian graphic design platform Canva Inc. obtained about US$70 million in its latest funding round with participation from General Catalyst Partners and Bond together with existing investors Felicis Ventures and Blackbird, TechCrunch reported. Canva garnered approximately US$31.3 million in growth financing in January 2018.

* Cloud-based spend management platform Ivalua Inc. secured $60 million in growth capital from investors including newcomer Tiger Global Management LLC and a fund managed by Ardian — Ardian Croissance FPCI, also known as Ardian Growth. Ivalua raised $70.0 million in a series B round in April 2017.

* Iconiq Capital LLC led a $60 million series C financing round for revenue intelligence system provider People.ai. Andreessen Horowitz LLC, Lightspeed Venture Partners, GGV Capital and Y Combinator also joined the round. People.ai received $30.0 million in a series B round in October 2018.

* A $25 million series B funding round for Natural Partners Fullscript, a nutraceutical prescribing platform for healthcare practitioners, was led by Kayne Anderson Capital Advisors LP.

* Veego, an Israel-based artificial intelligence-based malfunction prevention startup, wrapped up its seed funding with commitments from Robert Bosch Venture Capital GmbH, State of Mind Ventures and North First Ventures.

Additional coverage

Card issuing platform Marqeta secures $260M in series E round

Healthcare investor HLM Venture Partners targets $125M for VC fund

Noro-Moseley Partners raises $180M for VC fund

Jackson Square targets $150M for VC fund

Unless otherwise noted, historical funding data is sourced from the S&P Global Market Intelligence platform.