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
North, formerly Thalmic Labs, revealed the deal on Tuesday, calling the acquisition “a terrific fit” for the smart glasses developer.
BetaKit sat down with Holmes to discuss stepping down as Hootsuite’s CEO after 12 years and Keiser taking on the role.
Frank And Oak reportedly has debts amounting to $19 million, according to Le Journal de Québec.
Alberta recovery plan includes $175 million for Alberta Enterprise Corporation, commitment to create innovation strategy
The province’s $175 million commitment to AEC is aimed to help early-stage startups secure access to venture capital.
Latest Funding, Acquisitions, and Layoffs
StrategyBox raises $2M (Read here)
AccessNow wins $250,000 USD prize (Read here)
Nuvyyo raises $6M Series B (Read here)
ThinkData Works raises $8M Series A (Read here)
Thoughtexchange raises $10M Series B extension (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.
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.
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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