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
$30 million of this fund will go towards OrbitMTL, a new program to scale pre-seed startups with more hands-on support.
The DMZ and Facebook’s five-month program will provide startups with $50,000 in Facebook marketing budget.
If you’re thinking about how you can make an impact in your community, here’s a helpful guide.
1QBit raises $45 million Series B from Fujitsu, Accenture (Read here)
Mojio raises $30 million Series B to make every car a connected car (Read here)
Hockeystick acquires LaunchSpot to boost startup ecosystem data platform (Read here)
Chefs Plate raises $10 million Series C (Read here)
Toronto-based Sensibill expands in the US with Quontic Bank partnership (Read here)
PwC’s Michael Dingle explains what a rise in corporate venture funding means for the Canadian startup ecosystem.
Read this and avoid having a bad cap table in the first place.