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
Techstars Toronto announces managing director, ability to grant Startup Visas(BETAKIT)
Techstars will be able to grant Startup Visas, which allows entrepreneurs to become permanent residents in Canada if they get the support of a fund.
Your guide to Elevate Toronto(BETAKIT)
BetaKit has the Elevate Toronto discount code hookup. Read our guide, and get your ticket now!
Subscribe to A|I: The AI Times Newsletter(BETAKIT)
The biggest AI, machine learning, big data, and automation news from around the globe sent your inbox every week.
Orbityl, LevelJump named outstanding ventures at NEXT Canada Venture Day(BETAKIT)
Twelve startups pitched to mark the end of NEXT Canada’s two flagship programs.
Startup Milestones
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thisopenspace launches $30,000 fund to support brand pop-ups in New York City (Read here)
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BlueRock Therapeutics opens R&D and manufacturing hub in Toronto (Read here)
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Sortable launches analytics platform for content, revenue, and marketing teams (Read here)
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Toronto-based Plooto now allows Canadian small businesses to process payments internationally (Read here)
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Goldmoney reports first quarterly profit of $3.3 million, plans to open physical branch in Toronto (Read here)
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Serious Labs raises $6.4 million for VR workplace training tech (Read here)
Must Reads
#BetaKit1on1: Marie Chevrier’s advice to young entrepreneurs: go for it(BETAKIT)
In this #BetaKit1on1 (powered by PwC Tech), Sampler CEO and founder Marie Chevrier tells young entrepreneurs to just go for it.
When you should bring in the heavy hitters(BETAKIT)
Melissa Nightingale shares three questions to ask yourself before making a senior hire.
Ask an Investor: What do LPs look for in a VC?(BETAKIT)
Knowing about the VC fundraising process and their LPs can help you pick which VC firm you want to work with.