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Waterloo EDC Blog

News round-up: Nine business and investment stories from April 2019

Posted by Waterloo EDC on May 1, 2019

There was a lot of exciting news in Waterloo over the last month, including multiple major government funding announcements, significant news about Toyota’s manufacturing plans and reporting on a US tech exodus to Canada.

Here are nine great business and investment stories:

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Topics: quantum, technology, manufacturing, automotive, artificial intelligence

Quantum businesses in Waterloo get a $41 million boost

Posted by Waterloo EDC on April 25, 2019

Last week, the Canadian federal government announced funding for four Waterloo-based quantum technology businesses and organizations totaling $41 million. Delivered through the Strategic Innovation Fund, this money further strengthens Canada’s position in the world of quantum computing and machine learning and further affirms Waterloo’s nickname “Quantum Valley.”

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Topics: quantum, security, technology, talent, artificial intelligence

BlackBerry is now one of the world's leading cybersecurity firms

Posted by Waterloo EDC on February 26, 2019

Last week, Waterloo-based BlackBerry announced that it has acquired Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion. This acquisition makes BlackBerry – once known primarily for building the world’s most secure smartphones – one of the world’s largest cybersecurity firms.

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Topics: quantum, security, technology, automotive, artificial intelligence

News round-up: 10 great January 2019 stories from Waterloo, Canada

Posted by Waterloo EDC on February 1, 2019

There was tons of exciting news in Waterloo over the last month. That made choosing just 10 stories a challenge, but we did it anyway.

Here are 10 great business and investment stories:

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Topics: quantum, technology, automotive, artificial intelligence

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