The Retail Times is a weekly newsletter covering retail tech news from Canada and around the globe.
Subscribe to R|T using the form at the bottom of this page to ensure you don’t miss out on the most important retail tech news every week!
Toronto-based intimates startup Knix raises $5.7 million in funding(BETAKIT)
Toronto-based Knix Wear, which has developed what it calls comfortable intimates for women, has raised $5.7 million in financing.
Digital For Good Summit gets real about the need for charities to adopt transformation(BETAKIT)
The Digital For Good Summit provided a clear message to charities regarding digital transformation: start small or start big, but you need to start.
Robotics startup Picnic, known for its automated pizza assembly system, raises $5 million(TECHCRUNCH)
The new funding will be used for product development, hiring and marketing.
Travelio raises $18 million for extended stay booking(SKIFT)
The Jakarta-based online booking agency works with property owners and developers to furnish vacant apartment units and rent them out on either a short-term or extended-stay basis.
Today in funding ($10.26 million): Winterlight Labs, Casca(BETAKIT)
Two Canadian startups have announced fresh funding rounds to fuel their growth. Here’s the latest on who raised how much.
Vinted, the second-hand clothes marketplace, raises $141M at a $1B+ valuation(TECHCRUNCH)
It expects to sell €1.3 billion in clothes in 2019, and has seen sales grow 4x in the last 17 months.
London-based Trouva raises €19.8 million to further expand its unique object curation business across Europe(EU-STARTUPS)
Launched in London in September 2015 and co-founded by Alex Loizou, Mandeep Singh and Glen Walker, Trouva has been ranked as one of the five most exciting high-growth UK startups in the Startups 100 Index 2019.
Gorgias raises $14M to help e-commerce companies deliver faster (and more lucrative) customer service(TECHCRUNCH)
Gorgias, a startup offering artificial intelligence tools for customer service and support, is announcing that it has raised $14 million in Series A funding.
An e-commerce platform serving unbanked customers in rural Kenya has raised $26 million(QZ)
Unlike major players in the space, Copia has focused squarely on catering to low-income consumers who are underserved partly by virtue of living mainly outside urban areas.
Beer-loving commerce startup TapRm raises $1.5M(TECHCRUNCH)
Jason Sherman, founder and CEO of TapRm (pronounced “taproom”), says it’s time for beer-lovers to do more of their shopping online.
