Canadian startup news of the week (09/10/17)

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

Cities across Canada are bullish on hosting Amazon’s second headquarters

Amazon wants to invest more than $5 billion USD in construction and operation of the second headquarters.


BetaKit

Kik excluding Canadians from Kin token distribution event

Kik’s Ted Livingston said a lack of direction from the Ontario Securities Commission was the reason behind the decision.


BetaKit

Former Ryerson University president Sheldon Levy appointed CEO of NEXT Canada

Sheldon Levy will step down from his current role as Ontario’s Deputy Minister of Advanced Education and Skills Development.


Startup Milestones

  • LookBookHQ raises $13 million Series B led by New Jersey-based Edison Partners (Read here)

  • Integrate.ai announces new funding and advisory board (Read here)

  • Vision Critical acquires Pressly to expand content-curation abilities (Read here)

  • Finaeo raises $2.25 million to automate administrative processes for financial advisors (Read here)

  • AlayaCare raises $2.4 million from Fonds Innovexport (Read here)

  • Hockeystick partners with CVCA to become its official data platform (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 is the role of a VC?

Just like the role of a founder morphs, the role of a VC changes throughout the life of a startup.


CanCon Podcast Ep. 84: Bad taxes, free IoT, and deceptive bots

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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.