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
ApplyBoard raises $55 million CAD Series B for international student recruitment platform(BETAKIT)
The sizable raise comes just shy of a year after the company closed its $17 million Series A in June 2018.
Canadian VC investments up 48 percent since same time last year, CVCA report finds(BETAKIT)
Canadian venture capital investments in the first quarter of 2019 marked another billion dollar quarter.
Kin launches $5 million USD defence fund to fight the SEC(BETAKIT)
The Kin Foundation has launched a “Defend Crypto” defence fund to take on the SEC over its 2017 initial coin offering.
Startup Milestones
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UrtheCast receives $2.5M grant (Read here)
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Two Small Fish Ventures closes $9M (Read here)
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RBC Ventures acquires Smart Reno (Read here)
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Pitstop raises $1.5M (Read here)
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eSight raises $10M (Read here)
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Purpose Financial acquires CreditGenie (Read here)
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Forcen raises $500,000 (Read here)
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Yukon College’s Cold Climate Innovation receives $2.2M (Read here)
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Collège La Cité receives $1.35M (Read here)
Must Reads
Five Canadian cities with highest volume of investment dollars and deals in 2018(BETAKIT)
PwC broke down the Canadian cities that saw the highest volume of dollars and deals in 2018: Toronto, Vancouver, Montreal, Quebec City, and Calgary.
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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