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
Wealthsimple Trade's popularity soars amid Reddit-fuelled trading frenzy(BETAKIT)
Wealthsimple confirmed to BetaKit the app has recently seen a 50 percent increase in sign-ups and doubled its trading volume after reaching #1 in the Apple App Store.
11 Canadian tech companies to watch in 2021(BETAKIT)
Grow founder Kevin Sandhu shares his annual list of Canadian tech companies that will make significant strides in 2021.
Seven Prairie startups to watch in 2021(BETAKIT)
Here are seven Prairie startups to watch for in 2021, bringing a spotlight to a region most of the startup world only sees on their flights across Canada.
Why 2021 will be an exciting year for FinTech(BETAKIT)
Luge Capital General Partner Karim Gillani shares his FinTech predictions for 2021.
Latest Funding, Acquisitions, and Layoffs
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Kardium raises $115M USD (Read here)
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Tealbook raises $18.2M (Read here)
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Metroland Parcel Services acquires part of ShipperBee (Read here)
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FranchiseBlast acquired by FranConnect (Read here)
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Valsoft acquires Navotar (Read here)
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Manifold acquired by Snyk (Read here)
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BlackCart raises additional $11.2M Series A round (Read here)
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Qohash raises $8M Series A round (Read here)
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Sensei Labs closes $8.3M Series A round (Read here)
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Wize announces $3.8M raise (Read here)
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dealcloser raises $1.75M seed round (Read here)
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Zennea Technologies raises $1M seed round (Read here)
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Arbor secures $700,000 (Read here)
RECOMMENDED BY BETAKIT
IS A COVID-FUELLED CLEANTECH BOOM POSSIBLE?(BETAKIT)
Climate change is right up there on the existential dread charts. Sounds like now is a really good time to talk about cleantech.
SHOPIFY’S DEPLATFORMING POLICY(BETAKIT)
Canada’s most valuable company just booted the outgoing US leader off of its platform. Let’s talk about why, how, and if something similar could happen to them, too.
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