Canadian startup news of the week (11/19/17)

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

BetaKit

Lyft confirms Toronto expansion by end of year

The company operates in 300 American cities, and this is its first expansion outside the US.


BetaKit

To #MoveTheDial, tech needs more women on boards

More women executives lead to more women on boards lead to more women founders lead to moving the dial.


BetaKit

Bait-and-switch of a Canadian dream

“While we are panicking about the so-called skills gap, we are squandering a highly trained and ready-to-work labour pool.”


Startup Milestones

  • Viviplan receives $65,000 from BMO-DMZ FinTech accelerator Demo Day (Read here)

  • After $4.5 million seed round, Adeptmind launches to help retailers with accurate online search (Read here)

  • With a $5 million Series A, Nudge Rewards wants to gamify employee performance across North America (Read here)

  • Calgary-based chata.ai raises $2.5 million to debut assistant for accountants (Read here)

  • Element AI launches $57 million AI fund with SK Telecom, Hyundai (Read here)


Must Reads

handshake

Canada’s strong AI talent could attract more corporate VC funding

PwC’s Michael Dingle explains what a rise in corporate venture funding means for the Canadian startup ecosystem.


BetaKit

Ask an Investor: Should I hire someone to raise funding for me?

A guide for founders thinking about hiring an agent to help them connect with VCs.


CanCon Podcast Ep. 94: New Amazon tech + killer AI petitions

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Amira Zubairi

Amira Zubairi

Amira Zubairi is a staff writer at BetaKit. As a fourth-year journalism student who has written primarily about entrepreneurship, Amira has developed a growing interest in Canadian startup, business, and tech news. In her free time, Amira enjoys reading, baking and watching legal shows.