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BetaKit - Canadian Startup News & Tech Innovation
  • Canadian Startup News
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Josh Scott

Josh Scott

Josh Scott is a BetaKit reporter focused on breaking news and telling in-depth Canadian tech stories. His coverage is more complete than his moustache.

Canadian Startup NewsMarch 16, 2023<March 29, 2023

CVCA CEO: Tech still needs influx of capital given possible investor pullback, even as liquidity concerns calm

Longer-term impact of SVB fallout has some in Canadian tech worried.

Government of Canada buildings
Canadian Startup NewsMarch 15, 2023<March 29, 2023

Canadian tech calls on feds to inject more liquidity into sector to avoid SVB-caused “full-blown crisis”

Letter asks Government of Canada to extend bridge financing program, guarantee secured loans on SVB deposits.

Canadian Startup NewsMarch 14, 2023<March 14, 2023

Meta’s additional staff cuts further call into question Facebook parent’s Canadian hiring plans

Meta plans to shed 10,000 employees, scale back hiring in second major round of layoffs since November.

Canadian Startup NewsMarch 9, 2023<March 8, 2023

Zenhub closes $10 million to make platform for managing software projects more accessible

Yaletown-backed Zenhub aims to take the silos out of software development.

vancouver
Canadian Startup NewsMarch 9, 2023<March 9, 2023

Yaletown Partners hits $200 million final close for Innovation Growth Fund II

Yaletown saw four exits in 2022, including Tasktop, Circle Cardiovascular Imaging.

Canadian Startup NewsMarch 7, 2023<March 7, 2023

Loopio, Reelhouse co-founders launch Barley to help make employee compensation easier, more equitable

Golden Ventures-backed Barley has raised $5.4 million CAD to date.

Canadian Startup NewsMarch 3, 2023<March 3, 2023

Semiconductor firm GaN Systems to be acquired by Infineon for $830 million USD

GaN Systems CEO says Infineon will enable company “to unleash our full potential.”

Canadian Startup NewsMarch 2, 2023<March 2, 2023

Sonder lays off 14 percent of staff as it aims to become cash flow positive in 2023

Move marks Sonder’s second round of significant cuts since going public last year.

Canadian Startup NewsMarch 2, 2023<March 3, 2023

Fresh Prep acquires fellow Vancouver food delivery startup Peko

Fresh Prep says deal will help the sustainable meal kit company tackle food waste.

Alberta Provincial Legislature
Canadian Startup NewsMarch 1, 2023<March 3, 2023

Latest Alberta, BC budgets target talent shortage with otherwise minimal new tech investment

Industry stakeholders had hoped to see more for tech and SMBs.

Canadian Startup NewsMarch 1, 2023<February 28, 2023

Amazon climate tech fund backs Genecis to turn food waste into bioplastics

Amazon is exploring ways to use Genecis’ bioplastics in its own packaging.

Canadian Startup NewsFebruary 27, 2023<February 27, 2023

Shopify built Indigo’s new website in three days following ransomware attack

After reaching out to Shopify, Indigo was back online with a new site in three days.

Government of Canada buildings
Canadian Startup NewsFebruary 27, 2023<February 27, 2023

Government of Canada to launch $250 million initiative to train skilled workers

In record-tight labour market, feds aim to upskill workers for high-growth industries.

Canadian Startup NewsFebruary 24, 2023<February 28, 2023

Dapper Labs cuts another 20 percent of staff while fending off class action suit

The move marks Dapper Labs’ second round of layoffs since November as it contends with declining NFT sales.

Canadian Startup NewsFebruary 23, 2023<February 23, 2023

Dapper Labs faces lawsuit claiming NBA Top Shot NFTs are securities

Judge denies Dapper Labs’ request to toss out proposed class action in February 22 decision.

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