Canadian startup news of the week (1/12/20)

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


Ottawa startup CEO Ali Pey named as victim of Ukrainian plane crash

In speaking with BetaKit, interim CEO Steve Adams said the MessageHopper team has been shocked by the loss of its leader.


Breather CEO acknowledges overspending, outlines path to profitability in internal video following company layoffs

Breather has spent $120 million USD of the company’s $122 million publicly disclosed venture funding, BetaKit has learned.


Outgoing director Jay Shah reflects on burnout as Velocity evolves leadership structure

BetaKit spoke with Shah about his decision to leave Velocity, plus his time at the entrepreneurial hub.


Aspect Biosystems raises $26 million CAD in Series A for 3D printing of human tissues

This marks the largest-ever round of venture-backed funding for a medical bioprinting company, globally.


Startup Milestones


Must Reads

20 Things We Learned from Junction

Bessie survived Platform Calgary’s accelerator, and here’s what we learned.


Six social responsibility trends for tech companies in 2020

CSR, once reserved for established companies, is becoming more important at an earlier stage.


A cautionary tale of high valuations

Talent, delays, product-market fit – out of all these lurking threats, the one that founders have the most control over is company valuation.


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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.