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
Grow founder Kevin Sandhu shares his annual list of Canadian tech companies that will make significant strides in 2020.
Called the Intelligence and Cyber Centre, the space is Mastercard’s sixth global technology centre and its first in Canada.
Round13 has announced two new funds, bringing the Canadian venture firm to over $325 million in capital under management.
Speaking to BetaKit, Teshima attributed the decision to shutter the business to a “combination of things” that led to “a challenging next raise and next option.”
The acquisition has yet to close and the purchase price is not currently being disclosed.
BetaKit and TradeRev are happy to announce the first AutoTech meetup of 2020.
Aquatic Informatics raises $8M debt financing (Read here)
Commerce.js raises $2.2M (Read here)
Insurtech Simply Benefits raises $1M (Read here)
Communo raises $3.3M seed round (Read here)
Bonsai raises $4M (Read here)
Concrete Ventures Fund reaches $18M (Read here)
Unito raises $10.5M (Read here)
ToursByLocals raises $43M (Read here)
Tealbook raises $6.53M “seed plus” round (Read here)
Canalyst raises $20M Series B (Read here)
ArcTern Ventures’ Fund II reaches $200M (Read here)
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70% of Canadian financial decision-makers are responsible for driving digital transformation in their business. Thanks to the disruptive landscape of digital technology, it has never been more important for CFOs to stay informed of the latest trends impacting their industries.
Join Sage in Toronto on February 19 for an event bringing together senior finance professionals to discuss and learn more about the evolving role of the CFO.
CSR, once reserved for established companies, is becoming more important at an earlier stage.
More and more, investors are pushing tech companies to set up shop in Toronto, Vancouver, and plenty of places in-between
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