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
Ethereum Capital will acquire Ether and make strategic acquisitions of controlling stakes in Ethereum-based businesses.
“As AI grows in sophistication and application, we need, more than ever, a corresponding flourishing of religion, philosophy, and the humanities.”
Kirstine Stewart will focus on supporting the growth of TribalScale’s Venture Studios.
Drop closes $25.8 million Series A, repatriates former Airbnb exec (Read here)
Busbud raises $14 million Series B with former Expedia CEO, Luxury Retreats investors (Read here)
Bench raises $23 million to expand its accounting automation features (Read here)
Platterz raises $18 million and adds former GrubHub president, Lyft EVP to advisory board (Read here)
mnubo raises $16.5 million to help manufacturers embrace IoT (Read here)
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.