Canadian startup news of the week (07/08/17)

navdeep bains

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

Canadian gov’t officially launches $1.26 billion strategic innovation fund(BETAKIT)

The fund will now include innovation investments in industrial companies.

Google’s DeepMind is opening its first international office in Edmonton(BETAKIT)

Deepmind said it will also provide funding for long-term AI programs in Alberta.

AngelList launches Intros for Canada to give startups access to angels(BETAKIT)

Interested companies must submit an application by August 30.

Ex-Hubba, Wattpad pros are here to help grow your business the right way with Raw Signal Group(BETAKIT)

“Seeing people make the same mistakes was hard to watch.”

Startup Milestones

  • Following nearly $1 million raise, GoBumpFree launches travel platform for airline employees (Read here)

  • Ask The Doctor reaches major milestone of 250,000 doctors on platform (Read here)

  • Flinks raises $500,000 to fuel mission of powering Canada’s FinTechs (Read here)

  • Mylo launches spare change investment platform on iOS (Read here)

  • dubdub representing Canada at $100,000 French Founders Startup Tour competition (Read here)

Must Reads

#BetaKit1on1: League’s Mike Serbinis says Canada’s tech ecosystem needs more wins(BETAKIT)

In this #BetaKit1on1, League founder and CEO Mike Serbinis says “winning begets winning” for Canadian tech.

Ask an Investor: Do founder-friendly VCs actually exist?(BETAKIT)

Currently, there are many VCs marketing themselves as founder-friendly without supplying much context to the phrase.

CanCon Podcast Ep. 75: Patent laws, Canada is open for business + your phone bill is going up

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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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