Today in Funding ($40M): Appili, Finn.ai, Goldmoney, Askuity, ODX
Every day, BetaKit tracks innovation funding news from across Canada. Here’s the latest on who raised how much, and from…
Retail
Facebook testing ad transparency measures in Canada first
Facebook’s forthcoming changes to promote better ad transparency and accountability are coming to Canada first. As of…
Postmedia commits to $40 million in Indochino advertising for a cut of revenue
Indochino has announced a strategic partnership with national media brand Postmedia. The Vancouver-based made to measure clothing…
Startup Canada Podcast: The Future of Fashion with Peter Simons
Like any other age-old industry, fashion retailers must innovate or die. Peter Simons, President of the Quebec-born La Maison…
Seven industries being disrupted by VR
Knowing a new technology is going to be important for business is one thing; developing a great use case for it is entirely…
Dream Payments launches POS app as part of US expansion
Dream Payments, a Toronto-based payment cloud provider, is further expanding its reach in the US with the launch of a point…
Shopify adding 300 to 500 new jobs at Waterloo office
Shopify is continuing to grow its Waterloo presence, with plans to grow with 300 to 500 new jobs. “We initially chose to…
Subscribe to R|T: The Retail Times Newsletter
It’s auspicious timing that BetaKit would launch a retail-focused newsletter the week that Lightspeed closes a $207 million…
Lightspeed raises $207 million Series D as company preps for IPO
Montreal-based Lightspeed has raised $207 million Series D round. The round was led by Caisse de dépôt et placement du Québec…
Today in company updates: Bridgit announces new CRO, Element AI brings on key hires
This week, several startups have made announcements launching new features and partnerships. Here’s the latest on company…
Ritual raises $53 million Series B
Toronto-based Ritual has raised $53 million CAD ($43.5 milion USD) in a Series B round led by Insight Venture Partners, according…
NewKnow hopes its tech will help retail workers become brand experts
Chances are, when you think technology and retail, your mind immediately goes to ecommerce. But despite the prediction of the…
Walmart launches third-party seller marketplace in Canada
Walmart has announced that it is expanding its global online marketplace to Canada via Walmart.ca. With this program, Canadians…
Following Shoes.com shutdown, co-founder Sean Clark says company did “too much too fast”
In January, Shoes.com announced that it would be shutting down its operations by taking its three properties — Shoes.com,…
Startup Canada Podcast: DavidsTea co-founder on building North American retail empires
When your employees are happy, business does better. For David Segal, knowing how to hire and creating the right environment…