Canadian startup news of the week (04/29/18)

IP strategy

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

Gov’t IP strategy amending legislation to close loopholes, tackle trademark squatting(BETAKIT)

The IP Strategy falls into three buckets: legislation, increasing the IP literacy of companies, and providing tools to navigate IP.

Saskatchewan government providing up to 45 percent tax credit for startup investment(BETAKIT)

The program launched as a two-year pilot.

Calgary launches $100 million tech investment fund(BETAKIT)

The Opportunity Calgary Investment Fund, managed by the Calgary Economic Development agency, is open to private companies, non-profits, and public institutions.


New Brunswick government investing $53.5 million in province’s innovation agenda

The agenda falls into six pillars that include boosting R&D capacity and investing in cybersecurity.

Startup Milestones

  • Uberflip raises $41 million CAD from DC-based Updata Partners (Read here)

  • ChefHero raises $12.6 million to build wholesale marketplace for independent restaurants (Read here)

  • Wealthsimple, Flipp make Great Place to Work list (Read here)

  • Dialogue appoints Jean-François Séguin as EVP and general counsel (Read here)

  • Aion Network launches blockchain interoperability platform to public (Read here)

Must Reads

Report: Canadian tech investment hits record $1.3 billion CAD in Q1 2018(BETAKIT)

Q1’s $1.28 billion funding amount is the largest seen since CB Insights began collecting MoneyTree data in 2012.

Ask an Investor: How do I repair a frayed relationship with my lead investor?(BETAKIT)

The more effectively you can communicate with your investors, the lower your cost of capital will be.

CanCon Podcast Ep. 112: Keeping pace with innovation in Toronto

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Feature photo via Twitter.


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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