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
“Whatever we let happen is a choice. Sitting out of a development that’s happening that’s going to impact everybody—but some people more than others—is a choice.”
The location is a radical, artist-run basement that has acted as the crucible for the majority of the city’s blockchain companies.
It’s critical to have proper legal documentation in place when establishing a stock option plan.
HyperWallet, which was founded in Vancouver, provides organizations with a way to distribute funds to their sellers, content producers, contractors, suppliers, and resellers.
CareGuide raises $6 million Series A, acquires Nannies4Hire (Read here)
TouchBistro raises $72 million Series D round (Read here)
POTLOC raises $2.5 million to help retailers predict the success of new locations (Read here)
Elastic Path raises $43 million to help large retailers future-proof their ecommerce (Read here)
Acoustic Zoom closes $1.3 million from Goldcorp after #DisruptMining win (Read here)
FundThrough raises $34 million led by ScaleUP Ventures, David Mirvish (Read here)
Q1’s $1.28 billion funding amount is the largest seen since CB Insights began collecting MoneyTree data in 2012.
In an attempt to demystify the jargon floating around, here is a rundown of all the common names and the typical features associated with each.