Canadian Startup News of the Week (7/04/21)

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Welcome to BetaKit Startup Stories of the Week! Here you will find the most important news, features and editorials of the week published on BetaKit. If you prefer this update to arrive in your inbox every week, be sure to subscribe to the BetaKit newsletter using the form at the bottom of this page.

The best stories of the week

Canadian technology must embrace indigenous reconciliation

While Canada is often seen globally as a thriving center within the digital economy, indigenous communities and professionals are largely absent from the conversations and spaces about future smart and decentralized technologies.

Workforce analytics startup Visier secures $ 154 million CAD from Goldman Sachs

This Series E capital brings Visiers’ total funding to date to CAD $ 270 million ($ 219.5 million).

Shopify announces changes to its developer revenue sharing model at Shopify Unite 2021

The news comes the same week as Shopify GM of Revenue and VP of Shopify Plus, Loren Padelford, has announced her departure from the company.

Paper closes CAD $ 123 million to provide fairer educational support through technology

There is a lot of resources available for families with means and almost nothing available for everyone else.

Eli Fathi retires as MindBridge CEO

Fathi publicly announced her intentions this week, after informing the MindBridges board earlier this year.

Lightspeed documents pointing to a potential name change show that the company thinks beyond POS

Earlier this month, Lightspeed signed deals to acquire two California-based e-commerce companies for a grand total of $ 925 million.

Latest financing, acquisitions and layoffs TOR – Adela – $ 74.4 million (read more) MON – Haivision acquires CineMassive (read more) TOR – Converge to acquire Vicom Infinity, Infinity Systems Software (read more) TOR – d1g1t – $ 16 million (read more) TOR – Alida – $ 12.3M (read more)> TOR – Think Research increases credit facilities (read more) TOR – Tribe Technologies – $ 7.5M (read more) MON – Polystyvert – $ 3M (read more) TOR – Award Pool – $ 2.8M (read more) TOR – Modern Campus acquires Presence (read more) VAN – Trendi – $ 2.25M (read more) TOR – WhereiPark acquires MonkeyParking (read more) TOR – Somm – $ 2M (read more) LUN – Government of Canada invests $ 845K in Montreal Inc. (read more)

Calling Canadian Health Tech Entrepreneurs – Introduce Your Startup to North America’s Leading Healthcare CEOs!

Accentures Health Tech Innovation Challenge brings together start-ups and the largest healthcare organizations to address the world’s biggest health problems. Now in its fifth year, the challenge offers start-ups the opportunity to present their innovative ideas to leading healthcare CEOs in Canada and the United States. Entrepreneurs will gain exposure to judges representing Accentures’ broad spectrum of clients in the healthcare, insurance, life sciences and government industries.

Deadline extended to July 16th – sign up today!

THE REGULATION PREVENTS THIS CANADIAN STARTUP FROM REDUCING AGRICULTURAL HERBICIDES BY 90%

In no other industry in the world should you have something that accounts for 30 percent of your costs operating with 80-90 percent inefficiency. It is mind-blowing.

WHEN WILL CANADIAN TECH STOP PAYING FOR PEANUTS? (EPISODE AMA)

“Can we expect Canadian technology to start paying talent for what it’s worth?” Co-hosts Douglas Soltys and Rob Kenedi are joined by producer Kattie Laur to answer questions from listeners.

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