Canadian startup news of the week (03/10/19)

women in tech

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

80 women and non-binary people in Canadian tech worth following(BETAKIT)

On this day, and every day, amplify their voices. #IWD2019


Lightspeed prices IPO at $16 per share, raises $240 million CAD(BETAKIT)

The Montreal-based company had initially targeted a $200 million CAD IPO.


Silicon Valley Bank opens in Canada(BETAKIT)

Tech startups comprise 35 percent of the total number of Alberta-owned and operated technology companies.


How we built a tech company that is 50 percent women(BETAKIT)

Borrowell co-founder Andrew Graham explains how the Toronto-based FinTech course-corrected after “failing badly” at gender balance.


Startup Milestones

  • Cannabis software company Blockstrain to acquire Spark Digital Technologies (Read here)

  • PointClickCare acquires medical management company QuickMAR (Read here)

  • Emovi raises $15 million CAD Series C led by TVM Capital Life Science (Read here)

  • Wave acquires Every to expand financial services integration (Read here)

  • ​eSentire raises $47 million USD, will build new office in Waterloo (Read here)

  • ​Intelligent recycling system Waste Robotics receives $1.4 million investment (Read here)


Must Reads

As VC activity increases, can Fredericton build another Radian6?(BETAKIT)

It’s been eight years since Fredericton produced two nine-figure tech exits. What’s in store for the city in 2019?


Ask an Investor: How can I create optionality after I get an acquisition offer?(BETAKIT)

No matter what stage your business is in, optionality is something you can be proactively driving towards before an acquisition comes your way.


Why 2019 will reveal Canada’s new tech darling (CanCon ep. 139)

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