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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      Latest1Password acquires Apono to become the “control pane” for businesses using agentic AIJun 15View Latest News
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      Most Ambitious
      Most Ambitious

      Telling the story of what's possible. Our annual deep-dive into Canada's most ambitious companies and founders.

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      Exploring the Canadian tech ecosystem's hottest trends, emerging sectors, and the people driving innovation.

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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).

GrowerIQ founder and CEO Andrew Wilson.
Funding

GrowerIQ closes $3 million seed round to help cannabis producers stay compliant

Sep 13, 2022

Cannabis ERP platform sees room to help growers meet “high” regulatory burden.

HyperComply co-founders Amar Chahal and Cody Wright stand with their arms around each others' shoulders.
Funding

Led by ex-Vidyard employees, HyperComply wants to get rid of security questionnaires

Sep 8, 2022

After closing $6.4 million USD in January, HyperComply launched a product to automate due diligence.

Y Combinator
SaaS

Meet the five Canadian startups participating in Y Combinator’s Summer 2022 Demo Day

Sep 7, 2022

Smallest #CDNtech group since Winter 2019 features four Toronto companies and one from Edmonton.

FinTech

FreshBooks appoints Wayne Jackson as CFO to support global expansion, M&A plans

Sep 6, 2022

FreshBooks aims to tap Jackson’s acquisition and public markets experience.

Shopify
Retail

Shopify plans to contest $40 million Express Mobile patent infringement verdict

Sep 2, 2022

Express Mobile has also sued Google, Meta, and Amazon for infringing its patents.

Dominic Lau
VC

Ripple Ventures promotes Dominic Lau to partner as it preps for next fund

Sep 1, 2022

Ripple’s first hire, Lau founded firm’s startup and investor fellowship program.

Layoffs

Clearco hands overseas business to Outfund to focus on North American market

Aug 30, 2022

The market exit comes less than a year after Clearco began expanding its international operations.

LumiQ
Funding

LumiQ raises $5 million to expand CPA training podcast platform to US

Aug 30, 2022

LumiQ aims to build on “tremendous” pandemic growth since pivot to podcasts.

SaaS

1Password shuffles C-suite, with CPO replaced and CMO to depart

Aug 29, 2022

Exec changes come as 1Password tracks slightly below its revenue growth targets.

Funding

Jombone closes $3.3 million to modernize the blue-collar staffing industry

Aug 26, 2022

Jombone aims to offer businesses an alternative to incumbent staffing agencies.

Layoffs

Q4 Inc. lays off eight percent of staff to accelerate “path to profitability”

Aug 24, 2022

Restructuring impacts the company’s sales, marketing, R&D teams.

Andrew Ray Innovacorp
VC

Innovacorp venture fund manager Andrew Ray leaves org following announced merger with Nova Scotia Business Inc.

Aug 24, 2022

Ray oversaw Innovacorp’s VC activities, served on LeadSift, Swarmio, Proposify boards.

Funding

Myplanet raises $14 million CAD to become leader in emerging ‘composable commerce’ market

Aug 22, 2022

Myplanet’s customers include New Balance, Harry Rosen, Telus.

Funding

Vive Crop Protection secures $34 million CAD Series C to drive AgTech R&D

Aug 22, 2022

Amid competition from major ag chemical firms, Vive sees R&D speed, efficiency as a differentiator.

Funding

Direct-C closes $3.9 million Series A from Henkel and GreenSky to scale oil leak detection tech

Aug 19, 2022

University of Calgary spinout sees applications for its tech beyond oil and gas.

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