University of Waterloo-backed Velocity Fund II holds $14-million initial close
First VC fund backed by Canadian university endowment has deployed into five startups so far.
Kitchener-Waterloo
Ontario invests $56 million to power “homegrown” automotive and mobility companies amid trade war
Provincial government wants domestic companies to play global roles in electric and autonomous vehicles.
Outgoing Velocity incubator head Adrien Côté is bullish on Waterloo’s tech future
Velocity’s interim director says the university’s emerging startup community is “growing exponentially.”
OpenText makes AI “number-one priority” as company slashes 1,600 jobs
Enterprise software giant detailed 10-point AI mandate in internal email to employees.
Dozr founding CEO Kevin Forestell moves to chair while Dave Frazier joins as president
Frazier brings combo of construction and tech experience to Kitchener-Waterloo scaleup.
Cinema tech startup Axibo raises $12 million to kickstart humanoid robot division
After working with Apple and Netflix, Axibo looks to debut a made-in-Canada robot next year.
Latest Google for Startups Accelerator cohort makes AI de facto entry requirement
Montréal-based companies lead the pack of B2B SaaS startups selected for 10-week program.
Communitech appoints Sheldon McCormick as new CEO following layoffs
Leadership change comes as part of reorientation back to Waterloo Region focus.
Ontario subsidizes Siemens’ new R&D facility after CEOs plead province to prioritize homegrown production
The Invest Ontario Fund will cover $7.2 million of the German giant’s $150-million investment.
Descartes nabs another American company with $164.4-million acquisition of 3Gtms
Acquisition expands logistics software company’s North American reach and adds network of carriers.
The future of Canadian tech runs through Waterloo
Plus: How meaningful is D-Wave’s claim to quantum supremacy?
As trade war rages, Page raises $4.1 million to help organizations track government changes with AI
Ex-Shopify employees plan to expand their government-relations platform to US and UK.
Google reportedly close to buying Canada’s AdHawk for its eye-tracking smart glasses tech
Waterloo Region startup has received investment from Intel, Sony, Samsung, and HP.
Facit and OBIO reveal first cohort of women founders working on health and cancer innovation with WeSEED
Program aims to help women-led life sciences startups advance healthcare and homegrown IP in Ontario.
The ‘buy Canadian’ movement is fuelling growth for TruLOCAL’s food subscription
TruLOCAL says it’s a US tariffs beneficiary with 193-percent subscription growth in February.