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Montréal sets new funding record with two massive travel tech deals in Q2 2020 (BETAKIT)
Montréal tech companies raised a record $566 million in venture funding over the second quarter of the year as the COVID-19 pandemic hit Canadian tech.
ApplyBoard secures $70 million, pens deal to expand EdTech platform’s capabilities (BETAKIT)
ApplyBoard has secured $70 million CAD in a Series C extension and a new strategic partnership that extends the company’s capabilities.
EdTech startup Edsby raises $5.3 million Series A (BETAKIT)
Edsby, a Toronto-based EdTech startup that offers a digital learning and data platform for K-12 education, has closed $5.3 million in Series A financing.
This project aims to change how schools adopt technology (FAST COMPANY)
K-12 educators spend billions on tech — but still need help identifying the products that actually help kids learn.
AppDirect closes $185 million led by Caisse de dépôt et placement du Québec (BETAKIT)
AppDirect, a San Francisco-headquartered startup founded by two Canadians, has raised $185 million USD in funding.
Snowflake (SNOW) soars 130% in $3.36 billion record software IPO debut (BLOOMBERG)
Snowflake Inc. soared in a euphoric stock-market debut that transformed the eight-year-old software company into business valued at more than $70 billion.
Fitness tech startup Trainerize acquired by ABC Financial (BETAKIT)
Vancouver-based fitness tech startup Trainerize has been acquired by ABC Financial.
FTC preparing possible antitrust suit against Facebook (WALL STREET JOURNAL)
No final decision has been made on the outcome of a yearlong probe as discussions with the social-media giant continue.
Futurist Amy Webb explains why COVID-19 is forcing businesses to ask new questions about data, trust (BETAKIT)
Amy Webb, CEO of the Future Today Institute and Debbie Gamble, chief officer of innovation labs and new ventures at Interac talk data, trust, and COVID-19.