Restaurant software startup Snappy secures $7-million Series A round
As restaurants continue to digitize, Snappy’s new investor believes the solution is a flexible option for a “fractured…
Retail
R|T: The Retail Times – Hopper makes deep staff cuts, pulls back from Asia to pursue profitability
Plus: Canada looks at limiting number of Airbnbs to free up rentals.
R|T: The Retail Times – Shopify takes stake in Faire as company discourages employee side hustles
Plus: Instacart quickly loses its IPO gains.
Healthtech startup Medreddie takes home the first Elevate Women+ Pitch Prize
Medreddie secures funding from The Firehood, Forum Ventures, BDC Capital’s Thrive Lab.
Saskatoon software startups Vendasta, 7shifts, Andgo Systems make layoffs
Vendasta CMO: “Every tech company right now needs to be thinking about profitable growth.”
R|T: The Retail Times – Waabi partners with Uber Freight, Instacart debuts big IPO
Plus: Shopify scores big off of Klaviyo IPO.
Shopify takes stake in Faire as part of new partnership
Shopify merchants will get access to Faire products while Shopify POS becomes Faire’s preferred provider.
UK-based Captain AI will relocate to Canada after closing $2.1 million USD to serve restaurants in North America
GreenSky, Techstars-backed Captain AI already caters to Pizza Pizza.
Waabi partners with Uber Freight to deploy its autonomous trucking tech
Waabi’s self-driving solution has already hit the road in Texas as part of 10-year agreement.
R|T: The Retail Times – Amazon is trying to control inventory deeper in the supply chain
Plus: Attabotics settles patent litigation with Urbx.
R|T: The Retail Times – Has the FTC taken the first step to break up Amazon?
Plus: Behind the scenes of Shopify’s Buy with Prime deal and Flexport’s ousting of CEO Dave Clark.
Attabotics, Urbx settle litigation over robotic storage patents
Following mutual resolution, both startups agree to no more public statements.
R|T: The Retail Times – Shopify and Amazon strike a deal
Plus: Benitago files for bankruptcy.
R|T: The Retail Times – TikTok to remove its Storefront integration, Instacart officially files for IPO
Plus: Hopper scores Air Canada partnership with embedded FinTech.
TikTok to remove ‘Storefront’ integration with Shopify and others, pushing merchants to use TikTok Shop
As one integration ends, Shopify adds another: USDC payments through Solana Pay.