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Waterloo EDC Blog

New CBRE report ranks Waterloo tech talent #1 for quality

Posted by Waterloo EDC on December 4, 2019

A new report has ranked Waterloo fourth overall for tech talent and first in Canada for tech talent quality. The annual CBRE “Canada Scoring Tech Talent 2019” report grades communities in Canada in nine categories covering talent availability, quality of labour and cost competitiveness.

Here are 3 key takeaways from the report:

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Topics: technology, startup, talent

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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