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
While Canada has seen a number of VCs make a play at the country’s financial services market, Portag3’s final close on Fund II makes it the largest FinTech-specific fund by far.
The company announced the news to separate the entities in an email obtained by BetaKit and sent to clients on Monday.
“We can create an investment advantage, unlike anything the world has seen.”
Zebu secures $5.2M in seed funding (Read here)
Thoughtexchange raises $20M Series B (Read here)
SAIT receives $30 million from David Bissett (Read here)
Shift closes $1M seed round (Read here)
Alyssa Atkins, founder & CEO of Lilia, shares the most common way a startup can die in this #BetaKit1on1.
CSR, once reserved for established companies, is becoming more important at an earlier stage.
Talent, delays, product-market fit – out of all these lurking threats, the one that founders have the most control over is company valuation.
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