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
The list includes developers that are making strides at their companies and communities.
NVIDIA opening AI lab in Toronto(BETAKIT)
NVIDIA first opened a Toronto office in 2015 through its acquisition of TransGaming.
The cybersecurity strategy has $507.7 million over five years earmarked from Budget 2018.
Paul Burns will be its new managing director, while Leanne Gibson will be the company’s first head of revenue.
Breather raises $60 million in equity financing (Read here)
Polystyvert raises $11 million to recycle polystyrene with a low carbon footprint (Read here)
Every raises $600,000 to build banking platform for online businesses (Read here)
Statflo raises $12 million to help wireless carriers find sales leads (Read here)
Carrot Rewards adds RBC Rewards points as new reward option (Read here)
Finn AI collaborates with Visa Developer to expand its banking chatbot platform (Read here)
Q1’s $1.28 billion funding amount is the largest seen since CB Insights began collecting MoneyTree data in 2012.
In this edition of Ask an Investor, the investors walk through the metrics you should think about as you enter a VC meeting.
CanCon Podcast Ep. 119: Are we cool with 500 Startups back in Canada if Dave McClure still benefits?
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