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Shopify shows strong second quarter results, improved full year outlook(BETAKIT)
Shopify noted that it brought in a total revenue of $362.0 million USD, a 48 percent increase from the same time last year.
Bloomscape raises $7.5M to sell you plants of all sizes(TECHCRUNCH)
Direct-to-consumer plant retailer Bloomscape has raised $7.5 million in Series A funding, with several high-profile D2C startup founders signing on as investors.
Koho launches new instant cashback program(BETAKIT)
Toronto-based FinTech startup Koho is introducing an instant cashback program for its customers, in addition to some new rewards that can be earned through purchases with select merchants.
Faasos’ parent Rebel Foods raises $125M from Goldman Sachs, Go-Jek, others(YOURSTORY)
Go-Jek also infused $5 million (Rs 34.7 crore) in Faasos last month through its venture capital arm, Go Ventures.
Clearbanc raises $300 million USD to take entrepreneur funding model global(BETAKIT)
Just over half a year since raising $159.28 million CAD, Clearbanc has raised an additional $393 million CAD ($300 million USD) to help scale its alternative fundraising model for entrepreneurs.
Amazon is killing off the Dash button later this month(TECHCRUNCH)
Amazon stopped selling the Dash button earlier this year; now they’re ending support for them altogether.
Standard Cognition raises $35M for Amazon Go-like tech(RETAILDIVE)
The company will use the funding to focus on its customer base in the U.S. and Japan, as well as expanding both domestically and internationally, per the company’s release.
SnapPay, Sleep Country partner to tap into Canada’s Chinese consumer segment(BETAKIT)
Toronto-based digital payment solutions startup SnapPay has launched a pilot program with Sleep Country, which will allow Chinese consumers to pay with Alipay and WeChat Pay at select Sleep Country stores.
Wish raises Series H at $11.2B valuation after doubling revenue in 2018(CRUNCHBASE)
Ecommerce startup Wish has reportedly raised $300 million in a confirmed Series H round led by General Atlantic.
Calgary-based Attabotics raises $25 Million Series B for robotic supply chain system(BETAKIT)
Attabotics, an industrial automation startup that has created a robotic warehousing and fulfillment system, has raised a $25 million Series B round to help towards its goal of changing the supply chain industry.
Brazilian eCommerce startup Shopper raises R$10 million(CONTXTO)
Brazil’s online supermarket, Shopper, recently raised R$10 million (approximately US$2.6 million) during a July investment round led by Canary.
Fashion rental e-commerce platform Dresst raises $525,000(BETAKIT)
Dresst, a digital e-commerce company specializing in monthly high-end fashion rentals, has raised a $525,000 seed round, and is reporting a current valuation of $2.65 million.