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
Women leaders at Shopify launch new angel group to invest in women and non-binary founders(BETAKIT)
Called Backbone Angels, the group consists of 10 angel investors who have held various management-level roles at Shopify.
Wealthsimple launches peer-to-peer payment Cash app nationwide(BETAKIT)
Similar to Venmo, Wealthsimple Cash is currently a peer-to-peer payment app that allows users to send, receive, and request cash instantly.
Telehealth startup Dialogue to go public on Toronto Stock Exchange, targets $100 million IPO(BETAKIT)
The startup reported its revenues grew by 187 percent, compared to 2019, with $60 million of annual recurring revenue as of the end of January.
Lightspeed to acquire Vend for $350 million(BETAKIT)
In a statement, Lightspeed noted the proposed deal is intended to strengthen Lightspeed’s global retail base, particularly in the Asia-Pacific.
Koho secures $70 million Series C to scale adoption of its digital banking services(BETAKIT)
CEO Dan Eberhard told BetaKit the round also included secondary financing on top of the $70 million but declined to disclose the amount.
Six mistakes to avoid during your final interview(BETAKIT)
A senior recruiter shares interview tips and slip-ups to avoid to ensure you get the job offer you deserve.
Latest Funding, Acquisitions, and Layoffs
Trufan raises $2.3M seed round (Read here)
Wrapbook raises $34M (Read here)
Heyday AI raises $6.5M seed extension (Read here)
WELL Health to acquire Intrahealth (Read here)
Green Shield Canada acquires Inkblot (Read here)
Relay Medical to acquire Cybeats (Read here)
AlayaCare acquires AcuteNet (Read here)
Ataccama acquires Tellstory (Read here)
BrandProject raises $54M venture fund (Read here)
PitchPoint Solutions secures $4.5M (Read here)
D-Wave receives $40M from federal government (Read here)
Ratesdotca secures $51M in financing (Read here)
Forma.ai closes $12.5M Series A (Read here)
Vegano Foods secures $4.2M Series A (Read here)
Dispension-led project nets $3.5M from Health Canada (Read here)
GenXys closes $3M seed round (Read here)
DeFi Ventures secures $2M in seed financing (Read here)
Emerge Commerce closes $11.9M (Read here)
RECOMMENDED BY CISCO CANADA
How organizations are pivoting towards a virtual International Women’s Day
Organizations – from startups to global corporations – share how they are grappling with honouring the spirit of International Women’s Day virtually in 2021.
INTERAXON KNOWS WHAT THE PANDEMIC DID TO OUR BRAINS(BETAKIT)
InteraXon founder Ariel Garten joins to share insights gained from reading people’s (anonymized) brainwaves during a pandemic.
CAN NEW TECH MAKE BUYING A HOME LESS TERRIBLE?(BETAKIT)
Bōde Canada CEO Robert Price joins to explain how COVID-19 and the shift to remote work made some Canadian real estate markets red hot and others ice cold.
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