Evercloak closes $2-million seed round as it looks to cool buildings without heating the planet
Evercloak’s membranes are aimed to reduce the energy air conditioners consume by more than 50 percent.
Kitchener-Waterloo
Ted Livingston’s new micropayments startup Code closes $6.5 million in seed financing
Kik founder’s new venture wants to help creators monetize their work for as little as five cents.
Accelerator Centre opens applications for new aerospace accelerator program
Selected startups can potentially test their tech at Waterloo’s international airport.
Communitech names six new Canadian tech companies on track to reach $1 billion in revenue by 2030
The startups include GoBolt, Humi, Smile Digital Health, SWTCH, ZayZoon, Connect Tech.
Ontario invests $14.9 million into Waterloo Region’s Quantum Valley Ideas Lab
The funding is aimed to build a “world-class quantum sensing ecosystem” in the province.
Miovision acquires one of its customers, traffic data collection firm CJ Hensch
CEO hopes deal will give Miovision a deeper understanding of its target market.
After 10 years leading Tulip, Ali Asaria steps down as CEO
Tulip COO and president Ian Rawlins to replace Asaria.
Kitchener-Waterloo tech leaders launch new community-building platform Waterloo Inc.
Intellijoint CEO: “We want to put the focus back on Waterloo Region.”
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses.
Cavelo secures $5-million Inovia-led seed round to help financial services firms protect their data
With cybersecurity no longer just “a big company problem,” Cavelo eyes US expansion.
Faire cuts 250 employees in its second layoff round in last year
Last year, Faire slashed seven percent of its workforce as the e-commerce boom dimmed.
Traffic management startup Miovision closes $36 million CAD, bringing latest round to $296 million
Amid acquisition spree, Miovision will use the funding to fuel organic and inorganic growth.
FluidAI Medical announces $15-million Series A for AI-driven postoperative monitor
Series A round comes almost exactly one year after rebranding from NERv Technology.
Rockwell Automation completes acquisition of Clearpath Robotics and its OTTO Motors division
Reportedly topping $600 million USD, the deal will keep the autonomous robotics startup in the Waterloo Region.
Rockwell Automation signs agreement to acquire Waterloo-based Clearpath Robotics
Clearpath’s mission statement is to automate “the world’s dullest, dirtiest, and deadliest jobs.”