Canadian startup news of the week (10/28/18)

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

Report: Canadian VC activity falls for second straight quarter in Q3 2018(BETAKIT)

Looking back over eight quarters, Q3 2018 is the only quarter where VC activity in Canada didn’t increase year-over-year.

Breather launches Offices for companies seeking longer-term space(BETAKIT)

Office spaces in all 10 Breather markets have been redesigned for longer rentals.

Mike Shaver joins as CTO(BETAKIT) was Mike Shaver’s first investment during his time at Real Ventures.

eSentire acquires Seattle-based Versive(BETAKIT)

Versive allows enterprises to map out their cybersecurity capabilities and react quickly to attacks.

Startup Milestones

  • Taloflow raises $1.1 million to help companies save money on the cloud (Read here)

  • Beauceron raises $1.5 million to automate cybersecurity management (Read here)

  • Assent Compliance raises over $131 million CAD in Series C round (Read here)

  • Finn AI closes $14 million Series A with Yaletown Partners, Flying Fish Partners (Read here)

  • North (Thalmic) confirms pricing and availability for its smart glasses (Read here)

Must Reads

Calgary converting economic downturn into tech opportunity(BETAKIT)

For the first time ever, Calgary was a top five Canadian tech market by deal volume in Q2 2018.

Ask an Investor: How do I conduct an exit interview?(BETAKIT)

As CEO, you should conduct exit interviews with every employee who’s leaving your firm.

Is Canada fine with being the world’s tech branch plant? (CanCon ep. 132)

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Photo via Breather


Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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