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
Siri Agrell will assume the role on September 5.
Wattpad reported that overall, 56 percent of its employee base were women, and 50 percent of both its design and leadership teams were women.
“I worked 12 to 16 hours a day, for well over five years, without a single day off.”
Ramen Ventures hopes to encourage more investment from exited founders in the Canadian tech ecosystem.
Sonder closes new round, reveals it’s raised $135 million to date (Read here)
Spocket raises $1.5 million to power dropshipping for retailers (Read here)
Slack raises $427 USD million with $7.1 billion USD valuation (Read here)
Canvass Analytics raises $6.5 million CAD from Google’s Gradient Ventures (Read here)
Plurilock surpasses $1 million in revenue for biometric authentication software (Read here)
Coinsquare set to expand to Europe in Q4 2018 (Read here)
AI experienced a 104 percent funding increase in Q2 2018 compared to last quarter.
How a venture capital fund works behind-the-scenes can be quite confusing and opaque, even for entrepreneurs who spend a lot of time talking to investors.
Can coding education STEM Canada’s tech brain drain? (CanCon Ep. 127)
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