Figma
Welcome back to TechCrunch’s Week in Review — TechCrunch’s newsletter recapping the week’s biggest news. Want it in your inbox every Saturday? Sign up here. This week, Figma CEO Dylan…
Figma disables its AI design feature that appeared to be ripping off Apple’s Weather app
The Make Design feature is available within Figma’s software and will generate UI (user interface) layouts and components from text prompts.
From Sword Health to Stripe, these startups are likely — or definitely — not having IPOs this year
Last year’s investor dreams of a strong 2024 IPO pipeline have faded, if not fully disappeared, as we approach the halfway point of the year. 2024 delivered four venture-backed tech…
IVP’s Eric Liaw talks Klarna controversy, sticky successions, and why the great valuation reset doesn’t really matter
When IVP recently announced the closing of its 18th fund, I called Eric Liaw, a longtime general partner with the growth-stage firm, to ask a few questions. For starters, wringing…
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The eternal struggle between open source and proprietary software
Whenever chaos engulfs a proprietary technology relied on by millions, the default knee-jerk reaction from many seems to be: “Hey, let’s see what the open source world has to offer.” Case in point: X’s (Twitter) steady demise since Elon Musk took over last year led many to search for more…
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Even without Adobe, things don’t look too bad for Figma
Now that Adobe is no longer part of the picture, how Figma sailed through this period of uncertainty suggests it will come out of this saga relatively unscathed.
Meet Kosmik, a visual canvas with an in-built PDF reader and a web browser
In recent years, tools such as Figma, TLDraw, Apple’s Freeform and Arc browser’s Easel functionality have tried to sell the idea of using an “infinite canvas” for capturing and sharing ideas. French…
Adobe has a big hole to fill after the $20B Figma deal falls through
Adobe and Figma ended their $20 billion acquisition dream this morning after regulators signaled it would continue to be rough going. Figma still gets a $1 billion consolation prize as…
The Adobe-Figma breakup isn’t a signal of what’s to come for startup M&A
Most startup exits look nothing like the Adobe-Figma deal, which means this breakup won’t impact most future startup acquisitions.
Adobe and Figma end $20B acquisition plans after regulatory headwinds in Europe
Adobe’s $20 billion mega-bid to buy rival Figma is now officially dead, after the companies said today that regulatory pushback in Europe had caused them to put an end to…
While Figma waits to hear whether regulators will allow Adobe to complete its $20 billion acquisition, the startup is not sitting idly by. Today, Figma announced it was adding three…
More than a year later, the $20B Adobe-Figma deal is still stuck in regulatory limbo
More than a year after Adobe announced it was acquiring Figma for $20 billion, the deal remains stuck in regulatory limbo.
Meet Relume, the bootstrapped AI web builder that wants to supercharge Figma and Webflow
Despite the abundant venture capital available for startups in the current wave of generative AI breakthroughs, totaling $14 billion in equity funding as of August this year, Relume has turned…
Europe confirms in-depth probe for Adobe’s $20B Figma acquisition
The European Commission (EC) has confirmed that it’s opening an in-depth investigation into Adobe’s proposed $20 billion bid for digital design software rival Figma. The Commission said that the acquisition…
UK readies in-depth investigation into Adobe’s $20B Figma acquisition
The U.K.’s Competition and Markets Authority (CMA) has provisionally concluded that Adobe’s proposed $20 billion bid for digital design rival Figma could result in a “substantial lessening of competition” in…
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Designers hated Figma’s collaborative design tool at first, but grew to love it
Back in 2012 when Dylan Field was a student at Brown University, he came up with the idea of building a browser-based design tool. At the time, design tools were all on the desktop, which meant that designers worked alone, sending files for review to the various stakeholders involved, then…
With regulators looking closely, it’s not a stretch to wonder if the deal will ever happen. But if it does, would the deal be a net-positive for Figma?
Adobe’s $20B Figma acquisition falls on UK antitrust radar
The U.K.’s competition authority is adding Adobe’s proposed $20 billion bid for digital design rival Figma to its ever-growing to-do list. The Competition and Markets Authority (CMA) confirmed today that…
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Of course the Adobe-Figma deal is anti-competitive
If the Adobe-Figma deal isn’t anti-competitive, then what is?
DOJ suit could represent significant stumbling block for $20B Adobe-Figma deal
The DOJ is reportedly getting ready to file suit to block the $20 billion Adobe-Figma deal announced last year on the grounds it is anti-competitive. Bloomberg first reported the story…
Europe to ‘assess’ Adobe’s proposed $20B Figma acquisition on competition grounds
Adobe’s proposed plan to snap up digital design rival Figma for $20 billion has attracted the attentions of the European Commission (EC), which announced today that the proposed merger potentially…
Penpot, the open source platform for designers and their coders, draws up $12M as users jump to 250K
Open source projects continue to stand out as compelling alternatives to proprietary software for those who are looking for more flexibility or price leverage in the tools that they use…
SEC filing shows Adobe had interest in buying Figma as early as 2020
A document recently filed with the SEC provides a detailed timeline of the negotiations between Adobe and Figma that paints a picture of how the two companies came together on…
Why did Wall Street favor Adobe’s quarter over Salesforce’s?
While Adobe and Salesforce had similar results, Wall Street seemed to treat the former better.
Apple’s Freeform aims to be a collaborative whiteboard for everyone
Apple announced its so-called Figma Whiteboard competitor called Freeform at its Worldwide Developer Conference (WWDC) in June. The company hasn’t rolled out the idea board app to everyone yet, but…
Pacdora wants to be a ‘Canva + Figma’ for the $1 trillion packaging industry
I love meeting startups that are making a tangible impact on the factory floor. While Shein applies a data-driven approach to improve efficiency for clothing manufacturing, Pacdora is doing something…
Figma CEO Dylan Field on why he sold to Adobe
A month after Adobe announced its plans for acquiring Figma, the popular digital design startup, Figma CEO and co-founder Dylan Field sat down with our own enterprise reporter Ron Miller…
Penpot inks $8M as signups for its open source spin on Figma jump 5600% after Adobe’s $20B acquisition move
Adobe’s intention to acquire Figma for $20 billion, announced mid-September, sent shockwaves through the design industry, and not all of them positive. On a business level, it’s a no-brainer that…
For now, it seems as though designers will stick with Figma for lack of a reasonable alternative, which is something that Adobe and Figma can build on.
Adobe makes $20B bet on a collaborative future with Figma acquisition
The first rule of the $20 Billion Acquisition Club: Don’t mess up a good thing.
