Founder Dax Dasilva out as Lightspeed CEO
President JP Chauvet steps in as CEO; Q3 results overshadowed in C-suite change.
Retail
RenoRun closes $181 million CAD Series B to fuel Canada, US expansion
RenoRun is building a vertically-integrated “one-stop shop” for construction materials.
Fyyne launches platform with pre-seed funding to address Black hair care accessibility
Fyyne plans to build all the tools that Black hairstylists need to run their businesses.
Lightspeed adds global tech entrepreneurs Nathalie Gaveau and Dale Murray to its board
The two appointments bring the board’s female representation to 44 percent.
MintList secures $2.76 million to fuel growth of online auto sales platform
The BC startup wants to capture a slice of the hot used car market.
R|T: The Retail Times – Shopify’s sinking shares
Plus: What Sonder can teach the hospitality industry.
OMERS Ventures reinvests in Deliverect as part of $150 million USD Series D round
The Belgian firm with Canadian roots now has a $1.4 billion valuation.
R|T: The Retail Times – Unreserved bids on itself
Plus: Article postpones US IPO amid tech stock selloff.
Sonder makes Nasdaq debut following close of SPAC deal
Sonder’s CEO called the listing “a historic moment” for the company.
NowVertical, Emerge Commerce file base shelf prospectuses to fund acquisition plans
NowVertical most recently entered a deal to acquire CoreBI.
$1 million round caps off busy 2021 for legaltech startup Goodlawyer
Lawyer-turned-entrepreneur aims to make legal services accessible for startups.
Shopify strikes partnership with JD.com to help US merchants sell to Chinese consumers
The deal gives US Shopify sellers access to the world’s largest e-commerce market.
Maropost acquires Australia’s Retail Express in $50 million CAD deal
The deal marks Maropost’s second acquisition to date.
PayFacto acquires iShopFood Inc. to offer all-in-one restaurant solutions
The acquisition follows a recent equity investment of up to $150 million.
Unreserved closes $33 million seed round to build property auction platform
E Inc founder aims to apply car auction model to homes.