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Techstars Startup Digest Toronto - Mergers and acquisitions

Issue #7 — View online — Suggest a link
Techstars Startup Digest Toronto

Locally curated talks, workshops, and other events for those interested in creating a startup, growing one, or who want to connect with startups in the Greater Toronto Area.

Good morning, Toronto startups and entrepreneurs! It’s been an interesting week as far as Canadian tech acquisitions go. On Monday, Google announced its acquisition of North — an AR glasses company set up down the road in Waterloo — for an estimated $180 million. This confirmed any rumours and prompted speculation of a next generation Glass sometime next year. Also on Monday, Lululemon became a tech company with its $500 million purchase of Mirror, a New York startup making streaming fitness class displays — perfect for the COVID-19 era.
Last week I wrote about Trump’s H1-B visa moratorium and how it could benefit Toronto. The day this newsletter dropped, Fortune published a commentary by MaRS CEO Yung Wu. In it, Yung acknowledges the big mistake the States has made in rejecting foreign talent, and the ways in which Canada has made it a priority to seek out and welcome that talent. Many of you have your own stories of relocating to Canada for its benefits and job opportunities, so this article may ring true.
Community Opportunities
Here are some upcoming deadlines for applying to accelerators, grants and funding, or other competitions. Don’t miss out! If you know of others, please submit any application deadlines and I’ll post them if they’re relevant.
Looking to start a business? Want to learn about start-ups and hear from start-up experts? Need guidance to develop your ideas? Let us help you get started!The Newcomer Entrepreneurship Hub focuses on the entrepreneurial spirit of newcomers and assists in breaking down barriers by helping them to successfully establish a business and/or obtain employment.
Have a great week, and stay well!

Techstars Startup Digest Techstars Startup Digest Toronto is curated by:
Ian Stevens Ian Stevens -
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