[ad_1]
Welcome to the BetaKit Startup Stories of the Week! Here you’ll find the week’s top news, features and editorials published on BetaKit. If you’d rather have this update delivered to your inbox every week, be sure to subscribe to the BetaKit newsletter using the form at the bottom of this page.
Top stories of the week
Raven Capital wants to invest in the Reconciliation economy
Raven Capital Managing Partner Paul Lacert explains how the firm invests in local entrepreneurs in a culturally safe way.
Shopify’s global local programs leadership joins locally owned Animikii
Animikii is backed by Raven Indigenous Capital Partners, which led a $1 million funding round in Animikii in 2019.
Galvanize’s journey from “written off” tech company to $1 billion exit
BetaKit spoke with Galvanize CEO Dan Zitting about the company’s path to a ten-figure exit and what the future holds for the Vancouver-based firm.
Semios Secures $100M to Further Acquisition Strategy, Becomes Global Leader in AgTech
The entire seed capital brings Semios’ total funding to date to C$225 million.
Former innovation minister Navdeep Bains joins CIBC as vice-chairman of global investment banking
Baines revealed for the first time that he does not plan to seek re-election in January of this year.
Lightspeed rejects activist investor report critical of company’s metrics
“The report contains numerous material inaccuracies and mischaracterizations that Lightspeed believes are misleading and clearly designed to benefit Spruce Point.”
Stripe opens Canadian office in Toronto, announces new products
Another American FinTech giant, Square, is also looking to expand its presence in Canada.
Recent funding, acquisitions and layoffs
-
VIC – British Columbia’s Innovator Skills Initiative receives $14 million in private investment (read more)
-
VAN – Conexiom – $130 million (read more)
-
VAN – Wishpond – $6 million (read more)
-
VAN – Fobi – $3.2 million (read more)
-
EDM – Samdesk – $13.5 million (read more)
-
GUE – MSP Corp – $35 million (read more)
-
TOR – Day – $20 million (read more)
-
TOR – AutoLeap – $18 million (read more)
-
TOR – Interac to acquire SecureKey’s Canadian contracts (read more)
-
MTL – JITbase – $650K (read more)
-
MTL – Hookdeck – $320K (read more)
-
HAL – Sandpiper Ventures Secures $10M First Close for Fund I (read more)
Increase your company’s cybersecurity in minutes. Real advice from experts for startups.
You don’t need to be a seasoned cybersecurity professional to protect your business from attacks — you just need the right information, guidance and support.
Discover clear, practical advice from Canada’s leading cybersecurity experts to strengthen your company’s defenses. Created with smaller businesses in mind, Cyber Security 101 eBook is jargon-free and full of easy steps you can take to make a huge difference.
Increase your defense and minimize the risk of attack. Download Cyber Security 101 for free today.
RAVEN CAPITAL WANTS TO INVEST IN THE RECONCILIATION ECONOMY
Raven Capital Managing Partner Paul Lacert explains how the firm invests in local entrepreneurs in a culturally safe way.
SENATOR COLIN DEACON SPEAKS ON OPEN BANKING, COMPETITION, #FREEBOSWELL
“That’s the reality [the banks] are used to an environment where they can increase fees without increasing value for customers.”
Subscribe to B|K: The BetaKit Newsletter
Subscribe to B|K using the form below to ensure the best of BetaKit arrives in your inbox every week.
fbq('init', '1268136753208085');
fbq('track', "PageView");
[ad_2]
Source link