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Ascend Elements vs Canva — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

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Some data on this page may be outdated. We're verifying.
Data for Ascend Elements last verified: Aug 19, 2026. Data for Canva last verified: Aug 19, 2026.
Metric Ascend Elements Canva
Valuation$4.8B$42B
Total Funding$2.1B$770M
IPO StatusPrivatePrivate
SectorClimate & EnergyDesign & Creative
StageSeries IPre-IPO
HeadquartersWestborough, MASydney, Australia
CEOMichael O'KronleyMelanie Perkins
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Ascend Elements

Ascend Elements is the battery recycling and materials company building the domestic supply chain for critical battery materials, converting spent lithium-ion batteries into new cathode materials using hydrometallurgical processing. Valued at 1B USD with 700M raised, Ascend operates the largest lithium-ion battery recycling facility in North America. Major energytech IPO candidate as domestic battery supply chains become critical for US EV manufacturing and grid storage.

IndustryClimate & Energy
StageSeries I
IPO StatusPrivate
Valuation$4.8B
Total Funding$2.1B
HeadquartersWestborough, MA

Canva

Canva is the world's leading design platform with 250M+ users — valued at $48B with $770M raised. Track IPO timeline, funding rounds, and readiness score.

IndustryDesign & Creative
StagePre-IPO
IPO StatusPrivate
Valuation$42B
Total Funding$770M
HeadquartersSydney, Australia

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Frequently Asked Questions

What is the Ascend Elements vs Canva valuation in 2026? +

Ascend Elements is valued at $4.8B. Canva is valued at $42B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

How does Ascend Elements revenue compare to Canva? +

Ascend Elements's revenue is not publicly disclosed. Canva reported 4000000000 revenue in 2025. Revenue figures are sourced from TechStackIPO's company database and updated as new data becomes available.

Which is more likely to IPO first — Ascend Elements or Canva? +

Ascend Elements is currently private. Canva filed an S-1 in November 2025 and is actively in the IPO pipeline. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.

How much has each company raised in total funding? +

Ascend Elements has raised $2.1B. Canva has raised $770M.

Are Ascend Elements and Canva in the same sector? +

Ascend Elements operates in Climate & Energy, while Canva operates in Design & Creative.

What are the key differences between Ascend Elements and Canva as investments? +

Ascend Elements is a Climate & Energy company valued at $4.8B with $2.1B raised. Canva is a Design & Creative company valued at $42B with $770M raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.

How can I invest in Ascend Elements or Canva before their IPO? +

Accredited investors can access pre-IPO shares in Ascend Elements and Canva through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.

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