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Waterloo EDC Blog

How Waterloo Region companies are helping during COVID-19

Posted by Waterloo EDC on June 16, 2020

A crisis can bring out the best in humanity.

While the world battles with COVID-19, as everyone focuses on keeping themselves and their families safe and healthy, communities are coming together like never before.

In Waterloo Region, we pride ourselves on an outsized ability to solve problems. It’s in our DNA.

This focus on solving problems is evident in the actions of our civic leaders, who...

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Topics: security, technology, manufacturing, artificial intelligence

OTTO Motors secures US$29 million in new funding

Posted by Waterloo EDC on June 9, 2020

Manufacturing is evolving during this pandemic and OTTO Motors is leading the charge.

OTTO Motors, the developers of autonomous mobile robots (AMR) designed for industry use, have announced US$29 million in Series C funding.

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Topics: technology, manufacturing, artificial intelligence

30 day timeline: How governments in Canada reacted to COVID-19

Posted by Waterloo EDC on June 3, 2020

For many, COVID-19 has felt like an eternity. We haven’t seen our friends and family or our colleagues. We haven’t been able to go to the office or a park. Every day feels a bit like every other day.

For government, COVID-19 was a sprint. Aside from public health issues, the pandemic brought mass unemployment, shuttered storefronts and uncertainty for businesses and workers alike. Reacting to...

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Topics: manufacturing, financial services, business, site selection

May Wrap-Up: Reasons for optimism

Posted by Waterloo EDC on June 1, 2020

After two months of uncertainty, we’re beginning to see the light at the end of the tunnel.

This month, Waterloo gained a unicorn, kicked off some exciting new research and business partnerships, began to embrace remote work and more. We’re still fighting the good fight against the pandemic, too.

Here’s how companies are thriving in May 2020:

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

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