Nicoya acquires UK’s Applied Photophysics to expand its drug development capabilities and global reach
The deal triples Nicoya’s customer base to nearly 3,000 and gives it a new European hub.
Kitchener-Waterloo
ENVGO raises $2.7-million seed round to bring its electric “flying” boat to market
Waterloo team behind drone maker Aeryon Labs helps aerospace hit the waves.
ApplyBoard lays off employees due to “policy changes across major study destinations”
Edtech unicorn is focusing beyond English-speaking world as Canada and US cut immigration numbers.
Why Faire’s co-founder wants to bring Silicon Valley’s DNA to Canada
Faire’s Chief Architect fell in love with Canada. Now he’s selling his new home to the rest of the world.
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.
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?