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
As AI eats the world, a hidden battle is underway for the future of computing. Canada is on the front lines.
United States-based investment firm Hamilton Lane has pulled out of the federal government’s Venture Capital Catalyst Initiative (VCCI), BetaKit has confirmed.
Every Canadian tech company is figuring out how to respond to COVID-19. Top Hat and ecobee were forced to act quicker than most.
The average 2019 VC deal size was $5.6 million, an 11 percent jump from $5 million in the previous year.
“It is out of an abundance of caution … that we concluded that cancelling this year’s event is the right thing to do.”
Affinity acquires Nudge.ai assets (Read here)
Validere raises $20M (Read here)
Checkfront closes $9.3M Series A (Read here)
Version One Ventures closes $25M (Read here)
PolicyMe raises $3.3M seed round (Read here)
WELL Health raises $10M (Read here)
ColdBlock raises $250,000 (Read here)
GradeSlam raises $10M (Read here)
Certn raises $6.1M seed round (Read here)
Relay Platform receives $2.7M SAFE investment (Read here)
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Discover how a new breed of trailblazing finance leaders are elevating the role beyond the traditional finance and reporting function and positioning it as the nucleus of the modern business.
CSR, once reserved for established companies, is becoming more important at an earlier stage.
Caution due to COVID-19 is leading many tech companies to cut travel and encourage their engineers to work remotely. Many will be working from home for the first time.
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