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
Nekso wants $25 million USD to fuel North American expansion. Its funding progress is a matter of debate.
Most of the new faculty will start in 2018, along with President and CEO, Dr. Garth Gibson.
Canadian tech companies: take note.
SHM Controls closes $800,000 for smart heating system rollout (Read here)
Askuity closes $3 million CAD bridge round to add AI to its platform (Read here)
Goldmoney completes $30 million financing deal to fund software development (Read here)
Breather announces Corporate Rewards partnership with Air Canada (Read here)
Blakes law firm opens office in Kitchener-Waterloo IoT hub Catalyst137 (Read here)
PwC’s Michael Dingle explains what a rise in corporate venture funding means for the Canadian startup ecosystem.
‘Spray and pray’ won’t work. Here’s the right strategy, straight from the VCs.