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 federal government has also announced its intention to shift recipients of CERB to the EI program beginning in September, as well as extending commercial rent relief through August.
The Toronto tech festival is launching a new social innovation exchange offering year-round programming to the Canadian innovation ecosystem.
The large increase in revenue came as the number of new stores created on Shopify grew by 71 percent between Q1 2020 to Q2.
Latest Funding, Acquisitions, and Layoffs
Fable Tech Labs raises $2M seed round (Read here)
Wingocard closes $2M seed round (Read here)
Conexiom raises $40M in strategic growth financing (Read here)
StellarAlgo closes $1.5M seed extension (Read here)
Dialogue raises $43M round (Read here)
>BC RDA invests $2.95M in Innovate BC (Read here)
RECOMMENDED BY BETAKIT
Notably, the federal government is adamant that its application is an exposure notification app, not a contact tracing app, explaining that users are de-identified and locations are not tracked.
“We want to be bold, we want to think big, but we want to be flexible and nimble as well.”
Willful is a Toronto-based startup that helps people easily create a legal will. Not the sexiest of startups in normal times, but these are not normal times.
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