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
TWG acquired by Deloitte(BETAKIT)
TWG is joining and will work alongside the Deloitte Digital team. The Toronto company is also set to remain in its current office space.
Nicole LeBlanc shares her list of Atlantic Canada tech companies that will make significant strides in 2021.
In the fourth quarter alone, Shopify recorded total revenue of $977.7 million, a 94 percent year-over-year increase.
“We can help our clients take advantage of the R&D tax credits in a much more timely fashion.”
Latest Funding, Acquisitions, and Layoffs
Felix Health raises $10M Series A (Read here)
Spark Microsystems raises $17.5M equity financing round (Read here)
Medfar Clinical Solutions raises $25M (Read here)
Novacap closes latest fund with $1.865 billion USD (Read here)
General Assembly Pizza closes $13M Series A (Read here)
RocketRez raises $8.4 Series A (Read here)
Sagard closes $725M USD (Read here)
Eavor Technologies secures $50.7M in financing (Read here)
Foko Retail raises $3M investment (Read here)
Motion Gestures announces $2.5M pre-Series A (Read here)
Arolytics closes $710,000 seed round (Read here)
Mogile Technologies raises $23,689 (Read here)
RECOMMENDED BY BETAKIT
The unique burdens of entrepreneurship can be hard to bear. Dr. Michael Freeman lays out steps founders can take to promote positive mental health.
“If there’s ever been a 12-month period where the connection between online behaviour, online disinformation, and real-world harm, this is it.”
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