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Waterloo EDC Blog

DarwinAI is bringing artificial intelligence to new industries

Posted by Waterloo EDC on December 10, 2019

Alexander Wong, co-founder of DarwinAI, wants to “democratize” artificial intelligence, so that many more companies and businesses can take advantage of it.

The company is a spinoff from research at the University of Waterloo, where Wong is an Associate Professor in Systems Design Engineering and a Canada Research Chair working in the field of artificial intelligence (AI). He and his...

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Topics: technology, talent, artificial intelligence

Waterloo companies claim top three spots on Deloitte’s Technology Fast 50

Posted by Waterloo EDC on November 14, 2019

The Waterloo community can claim the three fastest-growing tech companies in Canada, according to a new ranking from Deloitte.

ApplyBoard, Intellijoint Surgical and Auvik Networks top the Deloitte Technology Fast 50 list, which ranks companies by revenue-growth percentage over their last four years of operation. Each company had a revenue growth of more than 7,900% over that period, with...

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Topics: technology, startup, artificial intelligence

Retail innovator announces $150 million raise and $1 billion valuation

Posted by Waterloo EDC on November 12, 2019

Faire, a scale-up that operates an online marketplace for independent local retailers and makers, has announced $150 million in new funding through a Series D raise. In total, the company has raised $266 million and now has a valuation of $1 billion, fulfilling a prediction that Forbes made just a few months ago.

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Topics: technology, startup, artificial intelligence

Canada's first Amazon Alexa accelerator program launches in Waterloo

Posted by Waterloo EDC on November 6, 2019

Last week, the Waterloo-based Accelerator Centre (AC) announced that they have joined forces with Amazon’s Alexa Fund to launch an all-new accelerator program tailored to support entrepreneurs who are advancing voice-powered technologies.

The first of its kind in Canada, the Amazon Alexa Voice Tech Accelerator is built on the Accelerator Centre’s distinguished curriculum-based programming.

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Topics: technology, startup, artificial intelligence, R&D

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