Canadian startup news of the week (6/07/20)

Office

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


The horrifying truth about being a Black woman founder in Canada

Of the thousands of Canadian venture deals produced from 2014 to 2019, so few Black women founders raised money that these figures are very close to nothing.


Shopify donates funds in response to racial injustice, resurfacing long-standing criticisms

Shopify has resurfaced long-standing criticisms of its company policies after CEO Tobi Lütke shared a message of support for Black communities amid the ongoing protests against racial injustice in the United States.


Report: Canada ranked fourth startup ecosystem globally as Toronto, Vancouver drop for second year

Both Toronto and Vancouver experienced a notable ranking decrease this year, with the former falling nine spots and the latter falling by 12.


BetaKit, Jobbio, and TalentMinded team up to help unemployed Canadian tech workers BounceBack

Many talented Canadians have lost their jobs as a result of the COVID-19 pandemic. BetaKit and our partners, Jobbio and TalentMinded, have launched BounceBack to help.


Latest Funding, Acquisitions, and Layoffs


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BLACK SWAN #10 – PLEASE REGISTER FOR OUR VIRTUAL EVENT

We know what we’re gaining by staying home (safely). What are we losing?


BLACK SWAN #9 – CALGARY AND TORONTO LOOK TO STOP THE BLEEDING

The impact of COVID-19 on Canadian tech and innovation won’t be subsiding any time soon.


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Caitlin Hotchkiss

Caitlin Hotchkiss

Content coordinator, social media smartypants, wordsmith, Human Workflow™. Exists primarily on coffee, cat pictures, German dance metal, and pro wrestling. I will fight for your right to the Oxford comma.