Canadian startup news of the week (09/03/18)

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

How WeWork plans to connect Vancouver, Portland, and Seattle to compete with the Valley(BETAKIT)

WeWork wants to be the connective tissue for the Cascadia Innovation Corridor.

#MovetheDial founder Jodi Kovitz joins Toronto mayor John Tory’s re-election committee(BETAKIT)

Kovitz joins former Ontario Minister of Economic Development and Growth,Brad Duguid on the committee.

Credit Karma continues Canadian expansion with launch of mobile app(BETAKIT)

The company expanded into Canada in November 2016, and has since established over 1.5 million users.

Startup Milestones

  • Electrobac raises $1 million for smart electronic recycling bin (Read here)

  • Eyesover receives $200,000 from NBIF for AI that analyzes public opinion (Read here)

  • Goose raises $2.25 million seed round for travel medical insurance app (Read here)

  • FashionTech Toronto partners with UK’s Centre for Fashion Enterprise (Read here)

  • Newton raising conditional $15 million round with DV Trading (Read here)

  • Sampler appoints Jonathan Penn as VP of sales (Read here)

Must Reads

Calgary converting economic downturn into tech opportunity(BETAKIT)

For the first time ever, Calgary was a top five Canadian tech market by deal volume in Q2 2018.

Ask an Investor: How should I handle VC rejection?(BETAKIT)

Your reaction to a VC pass can build or erode your reputation.

Tech productivity tips that actually work (CanCon ep. 128)

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Photo via Unsplash.


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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