Canada's moment to build is now. Read BetaKit Most Ambitious 2026.
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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).

LimaCharlie
Funding

LimaCharlie closes $7 million CAD to allow companies to manage, develop cybersecurity strategies

May 24, 2022

Google, CSE alum-led startup sells “security-infrastructure-as-a-service.”

Funding

Round13 launches new venture fund with initial $70 million USD to back blockchain companies providing “the base” for Web3

May 19, 2022

Bruce Croxon: Web3 infrastructure “a natural extension” to Round13’s software investments.

Acquisitions

Yaletown-backed software company Tasktop to be acquired by Texas-based Planview

May 18, 2022

Tasktop CEO calls joining Planview “a game-changing combination.”

Markets

BBTV revenue decreases seven percent, net loss increases in Q1 as COVID-19 consumer patterns shift

May 17, 2022

CEO touts plus solutions growth as positive sign.

Funding

OMERS Growth Equity backs US data analytics startup Imply in $100 million USD Series D

May 17, 2022

OMERS says Canadian-led Imply faces “a multi-billion dollar opportunity.”

Wealthsimple
Markets

Value of Power Corp’s FinTech portfolio drops as Wealthsimple faces second May markdown

May 16, 2022

Power calls decrease in fair value of Wealthsimple stake “consistent” with broader stock market decline.

a group of five people is meeting in a board room with the logo of the Well Health company on the wall
Markets

Well Health Technologies posts record Q1 revenue, announces $30 million bought deal offering to fuel acquisitions

May 16, 2022

Despite record revenues the last two quarters, Well’s share price has fallen nearly 43 percent over six months.

Funding

Meet the biotech startup that received funding from both Garage Capital and Maple Leaf Foods

May 13, 2022

Evolved Meats claims to have “the meat people want.”

Funding

White Star Capital, Coveo alum-led Lighthouse Labs closes $9.1 million CAD to build a search platform for the metaverse

May 11, 2022

Montréal’s Lighthouse Labs aims to “be the Google” for virtual worlds. What the hell does that mean?

Funding

Volley founder aims to leverage Andela experience to build similar model for sales talent

May 11, 2022

Volley aims to fill top-of-funnel sales talent gap for B2B SaaS companies.

SaaS

Wattpad co-founder Allen Lau to step down as CEO, become executive advisor

May 9, 2022

Lau called the move both a “final curtain call” and the start of “a new story.”

Funding

Tengiva closes $5 million to tackle supply chain issues in the textile industry

May 9, 2022

Investor says Tengiva is “at the right place at the right time.”

Markets

Thinkific sees revenue rise, net loss jump in Q1 2022, following recent layoffs

May 6, 2022

Thinkific attributes higher net loss to growth investments, restructuring costs.

Magnet Forensics founder Jad Saliba and CEO Adam Belsher
Acquisitions

Magnet Forensics acquires assets from Comae Technologies, posts 35 percent revenue growth in Q1 2022

May 5, 2022

Magnet acquired Comae’s memory analysis tech to bolster its cyber incident investigation capabilities.

Shopify Fulfillment Network
Acquisitions

Shopify delivers $2.1 billion USD Deliverr deal to expand fulfillment network

May 5, 2022

Deliverr marks Shopify’s largest acquisition to date.

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