Canadian startup news of the week (07/29/17)

AI

Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If you prefer this update hit your inbox every week, make sure to subscribe to the BetaKit Newsletter using the form at the bottom of this page.

Top Stories of the Week

BetaKit

Report: Canadian job opportunities in AI have grown by nearly 500%

The report looked at which cities are creating jobs in AI, and what types of AI and machine learning jobs are high in demand.


BetaKit

Canadian gov’t announces that Startup Visa pilot program will become permanent

So far, 117 entrepreneurs have become permanent residents through the Startup Visa.


BetaKit

Slack reportedly raising $250 million with $5 billion valuation

Accel reportedly led the financing with Japan-based SoftBank.


BetaKit

That time you failed to follow up on diversity

For many startups, diversity efforts are like intramural sports — participation is optional and if you flake, no biggie.


Startup Milestones

  • Toronto-based home healthcare platform AlayaCare receives $750,000 from FedDev Ontario (Read here)

  • Greenspace raises $1.4 million to match patients with the right therapists (Read here)

  • OpenText set to acquire forensic security firm Guidance Software for $300 million (Read here)

  • Cyclica raises additional $2.25 million for platform that predicts drug effectiveness (Read here)

  • SnapTravel raises $10 million to invest in machine learning capabilities for travel chatbot (Read here)

  • Financeit expands executive team with two new VP’s (Read here)


Must Reads

BetaKit

#BetaKit1on1: Marie Chevrier’s advice to young entrepreneurs: go for it

In this #BetaKit1on1 (powered by PwC Tech), Sampler CEO and founder Marie Chevrier tells young entrepreneurs to just go for it.


BetaKit

Ask an Investor: What are some tips for equity crowdfunding?

No matter what equity crowdfunding platform you select, the mechanics of running your crowdfunding campaign will be similar.


CanCon Podcast Ep. 77: Canada’s women entrepreneurship scorecard + 5G is the future

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Feature image courtesy Twitter.

Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.