Canadian startup news of the week (09/08/19)

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


Clio raises $330 million CAD Series D funding round

“It’s clear something needs to change when the majority of legal problems don’t receive legal assistance.”


Alberta review panel recommends boosting competitiveness, alongside $600 million cut, no new spending

Alberta’s Blue Ribbon panel on the province’s finances has publicly released its findings and a set of recommendations.


Build Ventures closes $50.5 million CAD for Fund II

Limited partners for Build Ventures II include the various government investors as well as a number of undisclosed private sector investors.


Decentral’s new CEO outlines company roadmap as Ethereum co-founder Anthony Di Iorio steps down

BetaKit spoke with the incoming CEO, who outlined the company’s roadmap over the next 12 months.


Startup Milestones


Must Reads

pwc

Five Canadian cities with highest volume of investment dollars and deals in 2018

PwC broke down the Canadian cities that saw the highest volume of dollars and deals in 2018: Toronto, Vancouver, Montreal, Quebec City, and Calgary.


BetaKit

Ask an Investor: How can I create optionality after I get an acquisition offer?

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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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.