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
Of the 300 VC firms and corporate venture arms surveyed, only 11 percent of partners were female, and only 18 percent of employees identified as visible minorities.
For Toronto-based ACTO, expanding to the US led to a 30x increase in revenue growth. Here’s how the company made the call, and why it worked.
New York-based CTRL Labs is working on a device that can translate electrical muscle impulses into digital signals.
Cadeau will come on as the company’s new chief revenue officer, while Cooper will join as vice president of people.
Low Carbon Cities Canada invests $58M into cleantech hubs (Read here)
EnergyX receives $500,000 (Read here)
Cancode gives First Robotics $1.4M (Read here)
Sensibill raises $41M (Read here)
Alayacare raises $51M (Read here)
PwC broke down the Canadian cities that saw the highest volume of dollars and deals in 2018: Toronto, Vancouver, Montreal, Quebec City, and Calgary.
No matter what stage your business is in, optionality is something you can be proactively driving towards before an acquisition comes your way.
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