S|W: The SaaS Weekly – John Carmack is leaving Meta
Plus: Former Google ad chief’s ad-free search engine launches in Canada.
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F|T: The FinTech Times – The inevitable arrest of SBF
Plus: Nesto raises $80 million series C.
R|T: The Retail Times – Michael Rubin’s Fanatics has $700 million for more acquisitions
Plus: GoBolt, Elastic Path, CommerceBear secure new funding.
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Frate secures $2 million CAD to make e-commerce returns sustainable, cost-effective
“We turn customers’ houses into warehouses, and also fulfillment centers.”
IBM to hire 250 in New Brunswick for new Client Innovation Centre
This week, IBM also awarded $35,000 USD to two Montréal-based startups.
Goloot announces $4 million to improve online advertising for D2C merchants
Backed by former Paysafe leaders, Goloot has amassed a list of customers that includes Lancôme, Keurig, and SSENSE.
S|W: The SaaS Weekly – Inside Mozilla’s bid to enter the metaverse
Plus: Applyboard lays off customer experience employees.
Shopify, Benevity set records for Black Friday-Cyber Monday and Giving Tuesday
Shopify merchants rack up $7.5 billion in sales over the weekend.
R|T: The Retail Times – GoodGood shuts down down as funding tightens
Plus: Amazon India’s food delivery shuts down.
AgTech startup Ground Truth secures $4 million to improve grain analysis for farmers
Seed round: startup’s technology will allow farmers to make sound investment decisions.
Wiseday enters Canada’s digital mortgage space with “instant” pre-approval process
Wiseday is led by RenoRun, Hopper, Ssense, Ubisoft, Nesto alumni.
F|T: The FinTech Times – Klarna slows expansion, Ripple targets the EU
Plus: Canadian tech layoffs continue.
WeaveSphere’s 2022 Tech Titans list names 20 tech leaders in Canada
Weavesphere’s lists also tracked 30 developers under 30 in #CDNtech.
Nobul, Hopper top Deloitte Canada’s fastest growing startups lists for 2022
Annual survey of tech execs expresses concerns over access to capital, talent.