Author: BetaKit

Canada Learning Code receives $117,000 because the Raptors stomped the Warriors

Canada Learning Code has received $117,000 becasue the Toronto Raptors beat the Golden State Warriors in the NBA Finals, bringing home the championship trophy to Canada for the first time in NBA history.

“Canada Learning Code is honoured to receive the support of #TechBet to create a lasting impact from the Toronto Raptors championship.”
– Melissa Sariffodeen

The funding came about because two tech organizations, TechToronto and San Francisco-based sf.citi, launched #TechBet ahead of the NBA Finals. The initiative was devised as way to celebrate the NBA Finals, while challenging local tech entrepreneurs, in two of North America’s biggest tech hubs, to raise money for charity.

If the Raptors won TechToronto pledged to support Canada Learning Code, if the Warriors had won, sf.citi would have provided the to money to Circle the Schools, an organization that aims to help students prepare to live, work, and thrive in the Bay Area.

“Canada Learning Code is honoured to receive the suppo..

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Focus FS to have global reach following partnership with Germany-based Dräger

Focus Field Solutions, an industrial safety solutions company based in St. John’s, Newfoundland and Labrador, will be expanding globally after forming a partnership with German manufacturer Dräger Safety AG & Co. KGaA.

“We will accelerate our growth plans, forge into new markets, and use the knowledge gained to enhance and deliver innovative products.”

Dräger acquired a stake in Focus FS through an undisclosed investment amount, and plans to help the Atlantic Canada startup sell its software solutions, which digitize operations data for the heavy industrial sectors, in international markets. In addition to this market expansion, Focus FS said it also plans to use the new funds from the investment to improve its software offering and hire new team members in the coming months.

“We are very enthusiastic about having Dräger as a partner and investor,” said Jeffrey K. Brown, CEO and co-founder of Focus FS. “This investment shows Dräger’s confidence in our vision. We believe zero-harm is..

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Startup jobs of the week: Coinsquare, Tulip, Prospect

Every day, Canada’s tech startups post their latest and greatest job opportunities on Jobs.BetaKit, powered by Jobbio. From early-stage to Series B and beyond, Jobs.BetaKit helps startups from all over the country hire Canada’s top tech talent.

Each week, BetaKit will highlight a selection of the job roles posted to Jobs.BetaKit. If you’re a candidate looking for a position at a tech Canadian startup, survey the selection below or view all the posted positions here. For companies in need of top candidates, scroll to the bottom of this post to learn how to get your roles posted to Jobs.BetaKit!

Jobs of the Week (August 16, 2019):
Toronto
SHIFT – Growth Lead

The company is looking for highly motivated, energetic self starters with strong interpersonal skills, a scrappy startup mentality and a desire to make an immediate impact on a rapidly growing business. You should thrive in fast-paced and cross-functional environments, be comfortable with change and be excited by large enterprise ..

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How I chose an accelerator for my startup

Accelerator programs have become a ubiquitous part of the startup world, with dozens of programs promising access to capital, mentorship, and a strong network in exchange for equity and/or the ability to say they were part of a successful startup’s journey.

“[Accelerators] aren’t a silver bullet … they are a helping hand that can help you level up.”

While Y Combinator and Techstars are two of the best-known programs, and both have been around for over a decade, there are now countless programs run by VC firms, Fortune 500 companies, educational institutions, and community organizations.

The increase in the variety of programs means it can be difficult for founders to parse through them to evaluate which are the right fit. Each program offers a different value proposition, structure, and focus, so deciding which one to apply to can be time consuming – and that’s after deciding whether to apply at all.

When I joined Willful, an online estate planning platform, as CEO in early 2019, w..

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Nudge Rewards raises $12 million CAD

Nudge Rewards, the Toronto-based company offering a way for employers to engage and reward their frontline managers and staff, today announced the close of a $12 million CAD ($9.3 million USD) venture capital round. The company, which previously raised a Series A in 2017, is calling this a “growth round.”

“[This] validates the increasing demand from world-class brands for a more effective way of connecting with their frontline employees.”

The funding was led by Chicago-based Jump Capital, with support from existing investors, which in the past has included BDC Capital’s Women in Tech Fund, Brightspark, Generation Ventures, and Standup Ventures, among others. Nudge Rewards stated that this capital will help scale its go-to-market capacity and “drive innovation in employee experience management.” As part of the deal, Michael McMahon, managing partner at Jump Capital, is set to join Nudge Rewards’ board of directors.

“Today’s announcement validates the increasing demand from world-clas..

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