Waterloo EDC Blog

Ford Motor Company unveils innovation centre in Waterloo

Posted by Waterloo EDC on November 4, 2019

One of the world’s largest automotive companies has joined Waterloo – one of Canada’s top autotech ecosystems – in a very big way. Ford Motor Company surprised many in the community with the announcement that they had quietly built a team of 150 over the last two-and-a-half-years.

The newly unveiled Ford innovation centre works on vehicle communications and infotainment infrastructure, with...


Topics: technology, automotive, R&D

News round-up: Seven business and investment stories from October 2019

Posted by Waterloo EDC on November 1, 2019

Several exciting business developments emerged from Waterloo throughout the month of October as businesses announced new expansions, centres of innovation and accelerator programs.

Here are seven breaking business and investment stories from the last month:


Topics: technology, automotive, talent, business, site selection

Waterloo leads Canadian contingent on new global cybersecurity ranking

Posted by Waterloo EDC on October 30, 2019

Earlier this month, Cybersecurity Ventures – the world’s leading researcher of the global cyber economy – announced their very first Hot 150 list of cybersecurity companies to watch in 2020.

Amongst a group of international candidates, five companies from Canada made the list, three of which are based in Waterloo. When we looked a little closer, we discovered that two others have operations...


Topics: security, technology, site selection

Three reasons California-based Carta came to Waterloo

Posted by Waterloo EDC on October 24, 2019

On October 15, California-based fintech company Carta announced an expansion in Waterloo. Founded in 2012, Carta’s cap table software supports over 800,000 security holders at more than 12,000 companies. This software helps these companies manage more than $575 billion in equity.

The company arrived in Waterloo through the acquisition of 51 employees from Kik, the messenger app company that...


Topics: technology, artificial intelligence

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