Canadian startup news of the week (09/04/17)


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

Techstars launches pilot project to build roadmap for scaling Okanagan’s tech ecosystem(BETAKIT)

The project is being carried out in partnership with Accelerate Okanagan.

Kik plans to raise $157 million CAD through token distribution event(BETAKIT)

Kik has already sold $63 million CAD worth of tokens to select accredited investors.

How to rock your return to startup after maternity leave(BETAKIT)

“Returning from leave can be overwhelming. It’s a moment where the tenuous balance you’ve built at home gets thrown into chaos.”

Startup Milestones

  • Ideal raises $3 million to invest in virtual assistant for recruiters (Read here)

  • 7shifts raises $4.5 million to scale automated employee scheduling platform (Read here)

  • Sportlogiq raises $5 million Series A as it eyes European expansion (Read here)

  • Altium acquires Toronto-based product design platform Upverter (Read here)

  • Wattpad launches non-fiction video storytelling app (Read here)

  • 500px announces image delivery system that supports wide-gamut imagery (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.

Ask an Investor: What’s my Labour Day reading list?(BETAKIT)

Katherine Hague and Roger Chabra provide their Labour Day reading list to prep your startup to close out 2017 with momentum.

CanCon Podcast Ep. 83: Apple & Google’s AR battle + Uber’s new CEO

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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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