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Waterloo EDC Blog

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

Waterloo Region-based unicorn ApplyBoard hits $4 billion valuation

Posted by Waterloo EDC on June 15, 2021

ApplyBoard, a Waterloo-based edtech leader, has announced a $375 million Series D funding round that brings the company’s total value to $4 billion.

An online platform that empowers students around the world to access top quality educations, ApplyBoard became a unicorn just one year ago on the back of a $100 million Series B raise. In total, the company has raised at least $600 million since...

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Topics: technology, talent, artificial intelligence

Risk: Infrastructure and Connectivity

Posted by Waterloo EDC on June 11, 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.

There’s a reason everyone knows the mantra “location, location, location.”

In this edition of our “Understand the Risk” series, we’re...

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

Waterloo-based unicorn Faire hits $7 billion valuation

Posted by Waterloo EDC on June 10, 2021

Faire, the Waterloo-based retail innovator, has announced a new valuation of $7 billion following a $260 million Series F funding round.

As the company itself noted, this sort of sentence is might seem like déjà vu. That’s because Faire previously announced a $170 million Series E that took their valuation to $2.5 billion just 8 months ago and a $150 million Series D that helped them achieve...

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Topics: technology, talent, artificial intelligence

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