Canadian startup news of the week (01/28/18)


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

Element AI opens London office to focus on building ethical AI(BETAKIT)

The company wants to connect AI scientists and engineers in developing nations through fellowships and visiting scholar programs.

Bruce Croxon’s predictions for the Canadian tech community in 2018(BETAKIT)

Cryptocurrency, cannabis, and machine learning are on the list.

Microsoft hires new director for Montreal AI lab, announces plan to double workforce(BETAKIT)

According to Microsoft, the goal is to double the number of technical experts at the research facility to “as many as” 75 over the course of the new two years.

Ethereum founder Vitalik Buterin proposes model to minimize risk in ICOs(BETAKIT)

The goal is to make companies running ICOs more accountable.

Startup Milestones

  • Ford acquires Autonomic to double down on mobility services (Read here)

  • Borrowell launches free Equifax credit report monitoring (Read here)

  • Transferwise partners with Flinks to power its instant account verification process (Read here)

Must Reads

PwC MoneyTree report: Canadian tech raised $3.3 billion in 2017 as AI and FinTech stayed hot(BETAKIT)

Canadian companies raised $3.3 billion CAD across 333 deals in 2017.

Ask an Investor: Do I need insurance for my startup?(BETAKIT)

The short answer is maybe.

CanCon Podcast Ep. 101: Why the world’s biggest tech companies are fighting over voice

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Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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