Canadian startup news of the week (8/16/20)
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features,…
toronto
Workplace wellness startup Sprout acquires Calgary-based Vivametrica
Toronto-based Sprout, which offers a digital wellbeing solution for workplaces, has acquired Calgary-based predictive health…
Appili receives FDA approval to test drug that could prevent COVID-19 spread at long-term care facilities
Halifax-based Appili Therapeutics, which is developing and commercializing anti-infective drugs, has received clearance from…
Ontario launches consultations as it looks to create new policy framework on privacy protection
The Ontario government has launched consultations aimed to improve the province’s privacy protection laws. The consultations…
Athlete Technology Group pivots from event to company connecting athlete and tech entrepreneurs
Athlete Technology Group, formerly a summit held in Toronto for the sport and tech community, has pivoted to become a venture…
Intuit Canada joins Digital Main Street to support small businesses with digital transformation
Intuit QuickBooks Canada is set to announce plans to work with Digital Main Street as the organization looks to help Canadian…
R|T: The Retail Times – Shop locally, worry globally
The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe. Subscribe to R|T using…
Atomwise raises $163 million CAD Series B
Atomwise, which operates an artificial intelligence (AI)-based drug discovery platform, has raised $163 million CAD ($123 million…
Following pivot and pandemic-fuelled growth, Zoom.ai raises $600,000 in funding
Meeting scheduling software platform Zoom.ai has secured $600,000 CAD in a combination of equity and debt financing. The startup…
Shopify cuts office staff amid remote work shift
Shopify has laid off internal operations staff as the Canadian tech giant shifts to a permanent remote work model, BetaKit…
Out-collaborate your competition: The growth formula for FinTechs
This is the decade where businesses must take on large societal problems. From healthcare, education, climate change, to finance,…
EnergyX raises $1 million from BDC Capital to fuel US expansion
Toronto-based cleantech startup EnergyX Solutions, which produces software to help businesses and consumers improve energy…
S|W: The SaaS Weekly – No safe haven
The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to S|W using the…
14 startups participating in Silicon Valley’s Canadian Technology Accelerator Digital
Fourteen Canadian startups have been selected to participate in the eight-week Canadian Technology Accelerator (CTA) Digital,…
Today in funding: Dapper Labs, FleetOps, Plurilock, Fortai
Four Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much,…