FedDev Ontario commits combined $12 million to OneEleven and new Waterloo-London healthtech hub
In August, the Government of Canada made some investments, through FedDev Ontario, in the province’s innovation and startup…
Kitchener-Waterloo
ApplyBoard, Faire megadeals pushed Waterloo Region tech funding to new record in Q2
Tech startups in the Waterloo Region raised $749.7 million in venture funding during the second quarter of 2021, making Q2…
Magnet Forensics, Nuvei report revenue increases in second quarter 2021
Canadian technology companies Magnet Forensics Inc. and Nuvei Corporation both showed sharp increases in revenue as they released…
Communitech takes over Canadian tech startup job board Prospect
Kitchener-Waterloo innovation hub Communitech has taken over Prospect, a national startup job board that connects tech talent…
Latest CBRE report shows Canada has some of the fastest-growing tech talent pools in North America
Between 2015 and 2020, Toronto and Vancouver’s tech talent pools each experienced faster growth than any other large tech…
Great Hill Partners acquires majority stake in Auvik Networks for $312 million CAD
United States-based private equity firm Great Hill Partners has acquired a majority stake in Auvik Networks as the Waterloo-based…
Microsoft, AltaML among partners in new University of Waterloo student training program
Microsoft Canada and machine learning company AltaML are among a group of partners currently taking part in a University of…
Miovision acquires Traffop to expand traffic management software platform
Kitchener-Waterloo-based smart city startup Miovision has acquired fellow traffic software company Traffop for an undisclosed…
Waterloo Region sees worst quarter for VC investment in two years due to lack of late-stage deals
A lack of late-stage megadeals in the first quarter of 2021 caused venture funding of tech companies in the Waterloo Region…
Loren Padelford, driving force behind Shopify Plus, latest exec to depart company
Shopify has seen yet another departure from its senior leadership team, with Shopify Plus executive Loren Padelford announcing…
Tulip raises $34.4 million CAD Series C round
Kitchener-Waterloo’s Tulip, which provides cloud-based omnichannel mobile solutions for retail stores, has secured around…
Google sister company Verily set to expand to Kitchener-Waterloo
Another American tech firm has set its sights on a Canadian expansion. San-Francisco-based medical device company Verily Life…
Google reveals first Canadian Cloud Accelerator cohort
Google Canada has revealed the list of startups joining the inaugural cohort of its 10-week cloud accelerator program for Canadian…
ApplyBoard raises $375 million CAD Series D at $4 billion valuation
Following a busy year, Kitchener-Waterloo’s ApplyBoard has secured $375 million CAD ($300 million USD) in Series D funding…
SkyWatch raises $21 million CAD Series B as private sector satellite interest skyrockets
Waterloo-based space tech startup SkyWatch Space Applications has raised a $21 million CAD ($17.2 million USD) Series B round…