Canadian startup news of the week (12/10/17)

The Burroughes Building

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

Create more value than you can capture: An oral history of Toronto product development(BETAKIT)

Toronto’s tech community has come a long way since “this one time, at BarCamp.”

Toronto tech community signs open letter to city council urging “fair, equitable” rules on Airbnb(BETAKIT)

“Toronto must maintain its reputation as a global centre of innovation by embracing new ideas.”

Report: Holding institutions accountable part of encouraging inclusivity in STEM(BETAKIT)

“Science camps for girls will not change participation rates for women and under-represented groups in STEM, unless the culture and workplace also increase accessibility.”

Startup Milestones

  • Toronto-based Qvella raises $25 million Series B to improve molecular diagnostics (Read here)

  • Kik investing $12 million towards improving user safety on the platform (Read here)

  • Coinsquare raises $10.5 million Series A (Read here)

  • Mindbridge.AI named BNN’s Top Disruptor (Read here)

  • Botler.AI’s new chatbot analyzed 300,000 court documents to help sexual harassment and assault survivors (Read here)

Must Reads

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

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

Ask an Investor: Should my fundraise include liquidity for founders via secondary?(BETAKIT)

Does it make sense to include a secondary component to provide founder liquidity? That depends on a few factors.

CanCon Podcast Ep. 97: Canada’s fight for net neutrality

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Amira Zubairi

Amira Zubairi is a staff writer and content creator at BetaKit with a strong interest in Canadian startup, business, and legal tech news. In her free time, Amira indulges in baking desserts, working out, and watching legal shows.

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