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BetaKit - Canadian Tech & Startup News
Canadian Tech & Startup News
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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.

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.

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

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

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.

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.”

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?

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.

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.”

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.”

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

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

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

May 5, 2022

Deliverr marks Shopify’s largest acquisition to date.

Shopify’s growth continues to slow in Q1 2022 as it reaches deal to buy Deliverr for $2.1 billion USD

May 5, 2022

Shopify misses analyst estimates, sees shares drop to a two-year low.

Lightspeed leverages acquisitions to launch new flagship omnichannel retail platform

May 5, 2022

Lightspeed Retail launch follows company’s recent C-Suite shakeup.

Q4 Inc. records 23 percent YoY revenue growth, halves net losses in Q1 2022 earnings

May 4, 2022

CEO attributes Q4’s strong Q1 to tech investments, focus on existing customers.

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