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
Government announces slew of women entrepreneurship investments ahead of election(BETAKIT)
The funding comes through the federal government’s $2 billion Women Entrepreneurship Strategy. Here’s a roundup of the announcements.
Venture capital investments hit record high in first half of 2019(BETAKIT)
The investments in the first half of 2019 surpassed the previous highest half, H1 2018, which saw $1.7 billion in venture capital investments.
Here’s how Scott Galloway thinks Shopify could supplant Amazon(BETAKIT)
“Shopify has an opportunity to be the protein to Amazon’s virus,” the Stern School of Business professor recently said.
Startup Milestones
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ePACT raises $4.5M (Read here)
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BC Tech receives $2.25M (Read here)
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Let’s Talk Science receives $1.5 million from CanCode (Read here)
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Femmessor receives $5.7M (Read here)
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Actua receives $600,000 (Read here)
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Innovation Guelph receives $1.9M federal investment (Read here)
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Worximity Technology raises $6.25M Series A (Read here)
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Entrepreneuriat Laval, EMO3 Inc., Neuro Solutions Group receive $415,000 (Read here)
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Harmonic Medical receives more than $2.1M (Read here)
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ElectroKinetic Solutions receives close to $2M (Read here)
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Interface Fluidics raises $6M Series A (Read here)
Must Reads
Five Canadian cities with highest volume of investment dollars and deals in 2018(BETAKIT)
PwC broke down the Canadian cities that saw the highest volume of dollars and deals in 2018: Toronto, Vancouver, Montreal, Quebec City, and Calgary.
Ask an Investor: How can I create optionality after I get an acquisition offer?(BETAKIT)
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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