Market Intel

Canva beats Claude and Deepseek in AI tool usage rankings

Sydney's Canva ranks third for monthly AI web users behind ChatGPT and Gemini, according to A16Z analysis. The design platform outranks Claude, Perplexity, and Deepseek after expanding AI features through Magic Studio. Worth noting: this counts web visits, not revenue or enterprise adoption.

Mar 10, 2026 · 2 min
Funding & Startups

NSW launches $20m fund for tech commercialisation, $7m first round

NSW government opened applications for a new emerging tech commercialisation fund targeting the gap between early evidence and investable product. First round: $7m available. Worth noting: this is government money with the usual strings attached, but it targets a real problem for ANZ startups trying to scale before they can raise from VCs.

Mar 9, 2026 · 2 min
Funding & Startups

Six ANZ startups raise $123M: Lyka leads with $67M Series C

Dog food startup Lyka landed $67 million from New York VC LGVP, leading this week's funding round. Five other ANZ startups raised capital, totaling $123.2 million across consumer and B2B plays. Worth watching: B2B sales platform Firmable also secured funding, though specific numbers were not disclosed.

Mar 6, 2026 · 2 min
Hiring & Roles

ANZ tech pay gap widens: NextDC hits 45%, Canva doubles to 27%

Australia's tech sector is moving backwards on pay equity. NextDC's gender pay gap more than doubled to 45% in FY25, while Canva jumped from 12.7% to 27.1%. AWS, Atlassian, and Xero also saw gaps widen. For sales orgs hiring in tech, this matters: top quartile roles skew male, which affects pipeline for diverse talent.

Mar 5, 2026 · 2 min