Canadian startup news of the week (09/10/17)


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

Cities across Canada are bullish on hosting Amazon’s second headquarters(BETAKIT)

Amazon wants to invest more than $5 billion USD in construction and operation of the second headquarters.

Kik excluding Canadians from Kin token distribution event(BETAKIT)

Kik’s Ted Livingston said a lack of direction from the Ontario Securities Commission was the reason behind the decision.

Former Ryerson University president Sheldon Levy appointed CEO of NEXT Canada(BETAKIT)

Sheldon Levy will step down from his current role as Ontario’s Deputy Minister of Advanced Education and Skills Development.

Startup Milestones

  • LookBookHQ raises $13 million Series B led by New Jersey-based Edison Partners (Read here)

  • announces new funding and advisory board (Read here)

  • Vision Critical acquires Pressly to expand content-curation abilities (Read here)

  • Finaeo raises $2.25 million to automate administrative processes for financial advisors (Read here)

  • AlayaCare raises $2.4 million from Fonds Innovexport (Read here)

  • Hockeystick partners with CVCA to become its official data platform (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 is the role of a VC?(BETAKIT)

Just like the role of a founder morphs, the role of a VC changes throughout the life of a startup.

CanCon Podcast Ep. 84: Bad taxes, free IoT, and deceptive bots

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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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