Canadian startup news of the week (08/27/17)

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

BetaKit

Canadian Securities Administrators says ICOs must consider securities laws

The CSA says that many offerings it has reviewed constitute securities.


Wealthsimple

Wealthsimple launches new portfolio to help Muslims invest according to Islamic principles

Wealthsimple designed the portfolio using a methodology approved by global data index MSCI’s committee of Shariah scholars.


BetaKit

StreetMessenger sends homeless youth real-time updates via SMS on shelter beds

StreetMessenger sends time-sensitive alerts on job skills and training sessions, and pop-up health clinics.


BetaKit

What I hear when you tell me your company doesn’t do meetings

“For a founder CEO who isn’t paying attention to his or her people, meetings feel like a waste of time.”


Startup Milestones

  • TimePlay raises $8 million Series A funding to expand movie theatre entertainment tech (Read here)

  • Tulip Retail raises $50 million Series B from Kleiner Perkins (Read here)

  • IoT startup Helios Wire raises $5 million CAD (Read here)

  • eSentire raises undisclosed nine-figure round (Read here)

  • Paycase plans to launch Canadian Bitcoin Exchange by end of year (Read here)

  • Mike Serbinis, Nicole Verkindt among Startup Canada’s 2017 Ontario regional award winners (Read here)


Must Reads

BetaKit

#BetaKit1on1: Marie Chevrier’s advice to young entrepreneurs: go for it

In this #BetaKit1on1 (powered by PwC Tech), Sampler CEO and founder Marie Chevrier tells young entrepreneurs to just go for it.


BetaKit

Ask an investor: How do I get the most out of conference season?

There are many valuable things that events can bring to your company that you can’t get from sitting behind a computer screen.


CanCon Podcast Ep. 82: In defence of coding education + PoPo wants your crypto

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Feature image courtesy Twitter.

Amira Zubairi

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.