Canadian startup news of the week (7/12/20)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
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Alberta recovery plan includes $175 million for Alberta Enterprise Corporation, commitment to create innovation strategy
The government of Alberta has made new commitments to support the province’s tech and innovation sector in a new plan aimed…
ThinkData Works raises $8 million Series A for data management platform
Toronto-based ThinkData Works, which has developed a data management platform for businesses, has raised an $8 million CAD…
Tom Keiser to replace Ryan Holmes as CEO of Hootsuite
Vancouver-based Hootsuite has appointed Tom Keiser, former chief operating officer at San Francisco-based Zendesk, as its new…
Thoughtexchange raises $10 million Series B extension as platform usage jumps by 600 percent
Thoughtexchange, a British Columbia-based startup that has developed what it calls a “crowd conversation tool” for leaders,…
Humi raises $15 million Series A to further develop HR, payroll software
Humi, a Toronto-based startup that develops human resources (HR), payroll, and benefits software for small and medium-sized…
CDL-Rockies introduces new agriculture stream
Creative Destruction Lab’s Calgary accelerator, CDL-Rockies, has launched an agriculture stream to help seed-stage science…
S|W: The SaaS Weekly – Joining the unicorn club
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
Facedrive opens private placement as it launches Foods platform, gears up for expansion
Facedrive, an eco-conscious ridesharing startup based in Toronto, announced plans to conduct a private placement offering as…
OMERS’ Laura Lenz, Information Venture Partners among winners of the 2020 CVCA Awards
The Canadian Venture Capital and Private Equity Association (CVCA) has announced the winners of the 2020 CVCA Awards, ahead…
Pascal Financial integrates with Fidelity as it launches private placement offering
Pascal Financial, a Toronto-based FinTech startup, has announced that its artificial intelligence-powered platform now offers…
Lane raises $10 million CAD Series A as it sees increased demand for workplace communication technology
Toronto-based proptech startup Lane, which offers a platform to streamline office space communications between landlords, property…
Nesto raises $11.5 million Series A round as it looks to “simplify” the mortgage industry
Nesto, a startup focused on simplifying the mortgage financing experience, raised $11.5 million CAD in Series A financing.…
Phelix.ai raises $1 million seed round led by Well Health Technologies
Toronto-based Phelix.ai, a startup that develops automation tools for the health sector, has raised a $1 million seed round.…
S|W: The SaaS Weekly – Shopify goes remote
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…