Participants in Toronto-based Shoplazza’s Series C1 included existing investors Sequoia China, Sky 9, Elegrace and Qianhai FoF, and new investors Chimera and Stepstone. (The Logic)
Skip to content
Participants in Toronto-based Shoplazza’s Series C1 included existing investors Sequoia China, Sky 9, Elegrace and Qianhai FoF, and new investors Chimera and Stepstone. (The Logic)
Talking point: The investment, announced last month, is one of at least six that the Japanese conglomerate has made in Canadian startups since last summer, when it backed Toronto-based Clearco for its first Canadian investment. The global tech investor’s pace of deals has picked up in February, with SoftBank participating in three new Canadian deals this month alone: 7shifts, Ventus Therapeutics and Paper. Shoplazza, which has roughly 300 employees, operates an online platform for direct-to-consumer e-commerce. The company’s latest fundraising round brings the total amount of capital it has raised to US$199 million.
Correction: The total amount of capital Shoplazza has raised is US$199 million. This item has been updated.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
Commentary
Carmichael: If an AI jobs apocalypse is coming, we’re not seeing it in the data
Briefing
Anthropic says world needs option to slow AI development, as models learn to self-improve
Ottawa taps the brakes on efforts to speed up project permitting
Kevin O’Leary scales back Wonder Valley Utah plans after objections from a key state legislator
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
