Canva sets up $50M fund

 

Design software company Canva announced a $50M fund for developers building apps for its platform.  The company also released the Apps software developer kit for public use. The Canva Connect Rest APIs are scheduled to be released later this year. The software developer kit had been in beta testing for the past nine months. The company claims 11,000 developers are on the waitlist for the SDK. Canva plans to add app integrations with as Amazon, Bitly, Frontify, and HeyGen, among others. The company claims more than 200 million images have been generated using its AI products, such as Text to Image and Magic Edit.