Canadian startup news of the week (04/23/17)

Shopify Pay

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

Shopify hopes “tens of millions” of consumers will use new Shopify Pay within a year(BETAKIT)

Shopify Pay aims to reduce time to purchase for Shopify merchants and its new PoS card reader will nab US customers.

Former Prime Minister Stephen Harper joining San Francisco-based 8VC as advisor(BETAKIT)

“In focusing on vital sectors such as healthcare, transportation, and financial transactions, 8VC is positioned for long-term global relevance,” Harper wrote.

True North founder expects at least five “Hootsuite-sized” US companies to settle in Vancouver(BETAKIT)

The organisation is receiving a lot of calls as the Donald Trump administration considers clamping down on H-1B Visas.

Startup Milestones

  • Tasktop raises $11.3 million Series A to ramp up sales of team collaboration platform (Read here)

  • closes first seed round in Canada with AngelList Syndicate (Read here)

  • Alert Labs receives Intact Ventures’ first investment in Canada (Read here)

  • Montreal-based SweetIQ acquired by Gannett media company (Read here)

  • Vanhawks acquired by Ontario-based automotive parts manufacturer Warren Industries (Read here)

Must Reads

If you hate rumour mills, why did you build one?(BETAKIT)

Johnathan Nightingale talks about being honest with your team and preventing the rise of rumour mills.

Ask an Investor: How do I keep my investors engaged after a funding round?(BETAKIT)

These investors can play a large role in the success or failure of any future fundraises.

CanCon Podcast Ep. 64: Shopify wants to eat your lunch, Facebook wants it all


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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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