Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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BetaKit - Canadian Tech & Startup News
Canadian Tech & Startup News
Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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Josh Scott

Josh Scott

Josh Scott is BetaKit’s lead reporter. He is based in Toronto but breaks news and tells in-depth stories from across Canada about all sorts of tech companies, the folks building and backing them, and the surrounding ecosystem. He has won SABEW Canada’s 2023 Jeff Sanford Best Young Journalist and 2024 General Excellence - Reporter at a Small Publication awards. Josh’s coverage is more complete than his moustache and he’s always open to pitches (josh.scott[@]betakit.com) and tips (@jossco.77 on Signal).

Acquisitions

Coinsquare moves to terminate CoinSmart acquisition deal

Jan 10, 2023

CoinSmart CEO says notice took company “by surprise.”

Funding

Radical Ventures raising new $550 million USD fund as AI sector heats up

Jan 9, 2023

Radical managing partner believes “AI will eat all software over the next decade.”

VC

BDC Capital report finds Canadian VCs are hiring more diverse candidates but facing difficulties with talent retention

Jan 9, 2023

DEI survey also indicates VC firms, portfolio companies lack diversity at decision-making level.

Layoffs

Salesforce layoffs show Canadian employees caught in ongoing Big Tech cuts

Jan 5, 2023

Layoffs at major US tech firms continue to hit Canada, Salesforce joins Amazon, Meta, Twitter.

Acquisitions

Thomson Reuters closes acquisition of US tax software company SurePrep for $500 million

Jan 3, 2023

Deal marks latest in series of AI-focused acquisitions made by Thomson Reuters.

Layoffs

Layoffs persist at Canadian tech companies amid bleak outlook for 2023

Dec 16, 2022

FreshBooks, Thinkific, Revelate, Bridgit among latest firms to cut staff amid downturn.

Impact

The Upside Foundation appoints Juanita Lee-Garcia as new executive director

Dec 15, 2022

The Venture for Canada alum takes reins at “pivotal time” for Upside.

Brenda Bailey

New BC innovation minister Brenda Bailey lays out how she plans to support province’s tech, innovation

Dec 14, 2022

Minister: “the most important thing in our tech sector … is people, and this government is very serious about continuing…

Vancouver skyline
Funding

InBC announces first three venture fund investments: Evok Innovations, Raven Capital, Yaletown Partners

Dec 13, 2022

InBC backs trio of VC funds focused on climate change, reconciliation, and innovation.

Former Plooto CEO Hamed Abbasi
Funding

Plooto closes $27 million CAD Series B to help SMBs manage cash flow

Dec 13, 2022

Plooto plans to double down on product-led growth strategy.

Funding

Goloot announces $4 million to improve online advertising for D2C merchants

Dec 8, 2022

Backed by former Paysafe leaders, Goloot has amassed a list of customers that includes Lancôme, Keurig, and SSENSE.

Funding

Private wireless network startup Expeto closes $12 million Series B supported by Samsung Next, 5G Open Innovation Lab

Dec 6, 2022

Expeto enables large enterprises to extend private networks via any type of cellular connectivity.

Funding

Fintel Connect closes $4.8 million CAD to help financial institutions drive cost-effective growth

Dec 6, 2022

BankTech Ventures, EDC-backed Fintel Connect eyes US expansion.

Funding

Led by former Ada employees, Lancey secures $2 million to let B2B software buyers “try before you buy”

Dec 5, 2022

YC grad Lancey is backed by group that includes Panache, Garage, and Ada’s CEO.

Healthtech

Provincial government taps Novari Health to help reduce pandemic-fuelled surgical backlog in Eastern Ontario

Dec 2, 2022

Novari Health-built platform aims to cut surgery wait times.

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