Canadian startup news of the week (10/20/19)

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


Kik app acquired by holding company MediaLab

The Kik app has officially been acquired by US-based holding company MediaLab. Kik’s staff has also been acquired (separately).


Ritual expands into first non-English speaking markets

The app is now available in Hong Kong, Berlin, Hamburg, and Amsterdam.


New Accelerate Okanagan CEO wants to boost OKGN Tech globally

Brea Lake spoke with BetaKit about her vision for the region and what she plans to bring to the role.


Wattpad releases third annual diversity and inclusion survey

“The lack of diversity in tech, painfully clear to marginalized groups, is now acknowledged as fact.”


Startup Milestones


Must Reads

pwc

Five Canadian cities with highest volume of investment dollars and deals in 2018

PwC broke down the Canadian cities that saw the highest volume of dollars and deals in 2018: Toronto, Vancouver, Montreal, Quebec City, and Calgary.


BetaKit

Ask an Investor: How can I create optionality after I get an acquisition offer?

No matter what stage your business is in, optionality is something you can be proactively driving towards before an acquisition comes your way.

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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.