Beauty tech startup Fyyne acquired by Nigeria-based e-commerce company Bumpa
Fyyne offers a beauty services marketplace and business tools.
Retail
Friendlier closes $5-million seed extension for reusable packaging solution
Cleantech startup claims it has helped reuse over one million containers.
R|T: The Retail Times – SkipTheDishes appoints its third CEO this year
Plus: Asian food delivery service Fantuan secures $40 million.
Formerly Qui Identity, Wave alumni launch digital ID verification platform Confirm
Kirk Simpson and Peter Carrescia raised $6.5 million to launch company in August 2022.
Leav secures $2.3 million in seed funding for its mobile self-checkout solution
The funding round was led by Nicolas Bouchard’s venture capital firm Exo10.
R|T: The Retail Times – Shopify’s Black Friday-Cyber Monday breaks records
Plus: Shein officially files for US IPO.
Asian food delivery service Fantuan secures $40-million USD Series C round
The funding will be used to improve its platform and explore an expansion into other service sectors.
R|T: The Retail Times – How Hopper’s Fred Lalonde went from hacker to tech titan
Plus: AI-powered marketing platform Birdseye closes $4.1 million CAD seed round.
Shopify merchants set $9.3-billion sales record over Black Friday, Cyber Monday
Over 61 million consumers globally made purchases from Shopify sellers.
With $2 million raised to date, Omnicart aims to serve hyperlocal last-mile delivery
Omnicart wants to help local businesses in small towns become their own DoorDash.
R|T: The Retail Times – Shein’s revenue surpasses Zara, Alibaba is worth about half of Tencent
Plus: Is Shopify still an Ottawa darling?
Birdseye closes $4.1 million CAD in seed funding for AI-powered marketing platform
The round comes eight months after Birdseye’s $500,000 USD pre-seed funding round.
R|T: The Retail Times – WeWork cuts Canadian locations, Shein IPO targets $90B valuation
Plus: Inside Indigo’s plan to return to profitability.
R|T: The Retail Times – Shopify and Lightspeed shares surge after beating forecasts
Plus: Amazon unveils first BNPL option for SMBs through Affirm.
Acton Capital closes $240-million USD Fund VI to invest in tech startups across Canada and Europe
Acton’s Canadian portfolio has included Chefs Plate, Clio, Knix Wear, Maple, and Mobify.