Waterloo EDC Blog

Good things can happen quickly.

Just a few weeks ago, gaming startup Odyssey Interactive announced plans to open a brand-new studio in Waterloo. What we didn’t report was that the company came together at record speed.

In February, the company’s initial founder – Richard Henkel – moved to Canada. In March, he had calls with venture capitalists who might consider investing in his team’s vision...

The dog days of summer usually mean a slow-down for business investment as time off to enjoy the sunny weather take precedence over big announcements. That wasn’t true this August.

This month, Waterloo celebrated plans to significantly grow a local tech company that was in receivership just two years ago, welcomed new tech and manufacturing companies to the community and launched an...

What a difference two years make.

In September 2018, IMS – an autotech innovator specializing in connected car technology – was placed in receivership. A few months later, the company emerged from receivership with a new owner: Trak Global Group from the United Kingdom.

This week, the company announced plans to double its workforce in Waterloo. IMS currently has 70 employees in Waterloo,...

This is the third edition in a new Waterloo EDC series called “5 Charts: Waterloo Versus” that compares our community with some of America’s top tech hubs. We’ve already matched up against Austin, Texas, andPittsburgh, Pennsylvania.We will soon take on Phoenix, Salt Lake City and more.

We often compare Waterloo’s exceptional tech credentials to other major cities in Canada like Toronto and...