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Waterloo EDC Blog

WLU ScaleUp companies top $1 billion in funding

Posted by Waterloo EDC on July 6, 2021

Wilfrid Laurier University has announced that Lazaridis ScaleUp program companies have surpassed $1 billion in new capital raised. This news comes just one year after Velocity, the Waterloo-based incubator, also announced that its graduate companies had raised more than $1 billion in investment.

The Lazaridis ScaleUp program seeks to help high-potential Canadian companies transition from...

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Topics: technology, talent, artificial intelligence

June Wrap-up: Tech heats up

Posted by Waterloo EDC on July 2, 2021

With the warm weather kicking in, Waterloo tech news got even hotter this month. Big names like MasterClass and Verily have announced expansions into the region while local tech scale-ups Faire, ApplyBoard, SkyWatch and Tulip raised a combined $683M. There’s a lot to cover, but we’re here to fill you in.

Here are the top stories from June 2021:

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Topics: tech, technology, manufacturing, talent, business, artificial intelligence, R&D

5 Charts: Waterloo vs. Philadelphia

Posted by Waterloo EDC on June 30, 2021

This is part of a Waterloo EDC series called “5 Charts: Waterloo Versus” that compares our community with some of American’s top tech hubs, including Austin, TexasPhoenix, ArizonaColumbus, OhioSalt Lake City, UtahDetroit, Michigan and Pittsburgh, Pennsylvania.

We often compare Waterloo’s exceptional tech credentials to other major cities in Canada like Toronto and Montreal, and major...

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Topics: technology, talent, business, artificial intelligence, site selection

Risk: Economic Competitiveness

Posted by Waterloo EDC on June 23, 2021

This article is part of our "Understand the Risk" series, which looks at business risk with comparative data. Articles in this series cover natural hazards, infrastructure, economic competitiveness, stability and freedom, talent and workforce and health.

Everyone wants to be part of a winner.

Joining a community that is known for economic competitiveness is good for your bottom line and...

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Topics: tech, technology, manufacturing, talent, business, artificial intelligence, R&D

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