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
Sidewalk Labs pulls commitment to Quayside Venture Partners, as investors look to launch new fund(BETAKIT)
Sidewalk Labs has decided not to move forward with its previously announced investment fund, Quayside Venture Partners (QVP), BetaKit has learned.
Trump cited the need to preserve jobs amid the economic downturn caused by the COVID-19 pandemic as the reason for the suspension.
With the US turning away talent, can Canada grab the global lead on innovation during COVID-19?(BETAKIT)
Are we ready to capitalize on this new normal ushered in by COVID-19, and can we take the steps now to lay the foundation to sustain this in the future?
“We knew, first of all, [that] science and data and technology was going to be key to getting us through this.”
Latest Funding, Acquisitions, and Layoffs
Solink raises $23M Series B (Read here)
Sidewalk Labs reportedly lays off 20 employees (Read here)
Adaptiiv wins $100,000 in funding (Read here)
Facebook commits $1M in funding to ShopHERE (Read here)
Librestream raises $24M Series D (Read here)
Cyclica raises $23M Series B (Read here)
Humi raises $15M Series A (Read here)
POWERED BY SAGE INTACCT
Sage Intacct hosted a webinar with Bruce Croxon and Matt Hodgson to explain what SaaS founders can do to build resilience into their organizational models.
BLACK SWAN #13 – THE HELP LIST(BETAKIT)
When the pandemic hit in mid-March, within days, so too did the layoffs. Since that time, many organizations have stepped up to support the newly jobless.
BLACK SWAN #12 – A HORRIFYING TRUTH(BETAKIT)
Amoye Henry and Danielle Graham discuss the underlying social problems that prompted Amoye’s BetaKit op-ed “The horrifying truth about being a Black woman founder in Canada” and potential solutions.
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