Canadian startup news of the week (1/10/21)

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

Shopify terminates stores affiliated with Trump(BETAKIT)

Shopify has taken down online stores run by the Trump Organization and Trump campaign following the riot held at the United States Capitol.

Hootsuite expanding into customer service, acquires Sparkcentral(BETAKIT)

This expansion represents a new use case for the social media management company.

Wave's shift in focus prompts competitor to stir the pot(BETAKIT)

Wave’s announcement highlighted several changes coming into effect, including limiting new sign-ups to accounts based in Canada and the US.

Coinsquare makes changes to business, tech as it faces increasing competitive pressures(BETAKIT)

New Coinsquare CEO, Stacey Hoisak, told BetaKit the decisions reflected a “streamlined” business plan.

Latest Funding, Acquisitions, and Layoffs


Why San Francisco-based VC Hustle Fund Is Betting Big on Canada

“At Hustle Fund, we’re convinced that Canada is positioned well to produce some of the largest, category-defining companies on the planet. We’re eager to fund these companies, and excited to partner with Hockeystick to identify these opportunities!” – Eric Bahn (General Partner)

Since launch, Hockeystick has made over 6000 funder recommendations to Canadian startups. Learn how startups are using technology to meet funders around the world.


COVID-19 has forced us to change our way of doing things, and that involves some new piece of tech. And that tech… doesn’t work so well. Is it because it was poorly designed, or not designed for you at all?


“This year f*cking sucked. Let’s review.” Past Black Swan guests return to share what’s changed in the COVID year since their last appearance, and what to expect in 2021.

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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.

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