Waterloo EDC Blog

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.”

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.

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:

Is a quantum revolution around the corner? We asked quantum security expert and entrepreneur Michele Mosca.