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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 types of technology companies and the folks building and backing them. 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 tips and pitches. You can reach him at josh.scott@betakit.com and @jossco.77 on Signal.

Cyder closes $1.5 million to fuel launch of loyalty platform for credit unions

December 9, 2024

FinTech startup’s backers include MaRS IAF, Aperture, Desjardins, Arlene Dickinson.

Benevity reports over $140 million donated through its platform this Giving Tuesday

December 6, 2024

Calgary company sees dip in total donations, but rise in volunteering compared to 2023.

Cohere secures federal backing to build multibillion-dollar Canadian AI data centre

December 6, 2024

This marks the first investment through the new Canadian Sovereign AI Compute Strategy.

Federal government outlines $2 billion in AI compute spending commitment

December 5, 2024

Strategy includes $1.3 billion for computing infrastructure and $700 million for AI data centres.

Musical AI partners with India’s Beatoven.ai to create “fully licensed” AI song generator

December 4, 2024

Music tech startups join forces to compensate IP holders for songs created with AI.

AI chipmaker Tenstorrent closes nearly $700-million USD Series D at $2.6-billion valuation

December 2, 2024

Samsung, Bezos-backed financing comes after the firm quietly relocated to the US.

Why Hopper might be the next Canadian tech company to play the secondary game

December 2, 2024

Plus: Canada sues Big Tech.

Belgian VC Theodorus relocates to Canada under new name to target early-stage life sciences startups

November 27, 2024

Rebranded to Seido Capital, the firm has secured $45 million towards its fifth fund.

Dentists helping dentists: Clinician-founded OraQ secures $2.6 million to help assess patient risk with AI

November 25, 2024

Losing his Calgary dental practice to 2013 flood turned OraQ’s CEO into an entrepreneur.

Wealthsimple

Iconiq reportedly buyer of $100-million worth of Wealthsimple employee shares

November 22, 2024

Wealthsimple confirms secondary deal values Toronto FinTech firm at $5 billion.

Noble closes $15-million USD Series A to fuel growth of its digital asset issuance platform

November 20, 2024

Web3 startup aims to help stablecoin issuers after the “carnage” wrought by Terra’s 2022 collapse.

CIFAR leader expects CAISI to help inform AI policy in Canada and abroad

November 18, 2024

With its new AI safety institute, Canada aims to study the technology’s risks and collaborate with other countries.

Power marks up value of stake in Wealthsimple beyond 2021 peak

November 14, 2024

Hike to $2.2 billion reflects rise in public markets, Wealthsimple’s performance, and an upcoming secondary deal.

Pender Ventures closes second B2B software, healthtech-focused VC fund at $100 million

November 14, 2024

Managing partner attributes success in a tough environment to its returns, committed anchor, and consistency.

Shopify

Shopify rises on 26 percent revenue growth in Q3, strong holiday forecast

November 12, 2024

Shopify shares rose over 21 percent following its third-quarter earnings beat.

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