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
“The money goes to the consortium, and there will be metrics around governance.”
Geremia has over 11 years of experience at Google.
DeepMind’s partnership with McGill University will provide funding to AI research and sponsorship of PhD students.
Nuco raises $27 million to build interoperable blockchain network (Read here)
Ross Intelligence raises $13 million Series A (Read here)
Drop launches in the US with $5.5 million from Sierra Ventures, Portag3 (Read here)
Swept raises $2.5 million to tackle employee turnover in the cleaning industry (Read here)
Pelmorex acquires Addictive Mobility as part of shift to provide data solutions (Read here)
PwC’s Michael Dingle explains what a rise in corporate venture funding means for the Canadian startup ecosystem.
“If you aren’t familiar with term sheets, everything may look out of the ordinary.”