Nfinite Nanotech closes $8.9 million CAD to nanocoat sustainable packaging
Nfinite says its ultra-thin barrier seals sustainable packaging while maintaining recyclability.
Retail
AppDirect acquires low-code B2B marketplace builder Builtfirst
Nicolas Demarais-founded AppDirect looks to become a one-stop solution for B2B marketplace building.
R|T: The Retail Times – South Korean retail unicorn to set roots in Toronto
Plus: Shopify’s Tobi Lütke headlines BetaKit Town Hall.
Shopify posts revenue beat and surprise loss in Q1, touts European growth
Company plans to remain focused on building for long-term growth and profitability.
ITIF president wonders whether Canada has the “political will” to fix its productivity issues
Rob Atkinson pines for a “killer instinct” while launching the CCIC.
South Korea’s neighbourhood buy-and-sell app Karrot hits one million Canadian users, builds Toronto tech hub
Karrot aims to expand North American presence with Ritual, GoodGood co-founder Robert Kim.
R|T: The Retail Times – Klarna joins growing BNPL trend, sunsets rewards program
Plus: The Amazon union movement reaches Québec.
R|T: The Retail Times – Who gets a raise inside Shopify’s employee scoring system?
Plus: How Amazon has been spying on rivals.
Zafin founder and CEO joins latest slew of #CDNtech executive turnover
Martello, Boast, and Illumin have also shuffled their leadership teams since the end of March.
Boom and goConfirm launch new products from experienced #CDNtech leaders
Ex-Shopify execs spice up remote meetings, while Wave alumni launch an AI scam detector.
Across-the-pond acquisitions: Descartes acquires ASD, HR Path acquires GroupeX
Descartes continues its acquisition spree while GroupeX joins HR Path’s growing Canadian portfolio.
R|T: The Retail Times – StubHub plans to test IPO market this summer
Plus: Meet Kas, Avidbots’ new cleaning robot for retail spaces.
Shein’s Canadian delivery partner UniUni secures nearly $70 million CAD
The last-mile service secured just over $45 million CAD in Series B funding last year.
Pinterest is on a Toronto hiring spree to scoop up AI talent
CTO Jeremy King says company aims to use AI and ML to make Pinterest more “shoppable.”
Avidbots launches Kas, a smaller cleaning robot targeting new markets
Avidbots has slimmed down for hot bot summer.