Waterloo EDC Blog

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.


Topics: technology, manufacturing, artificial intelligence

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:


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

How remote work will change recruitment and people management

Posted by Waterloo EDC on May 26, 2020

This is the third edition in a new Waterloo EDC series on remote work. Stay tuned for posts featuring a variety of perspectives on the subject, including our Q&A with SkyWatch for lessons from a digital native company and OpenText to learn why they shut 50% of its offices to go remote. 

The very nature of how we work is shifting.

Remote work was possible a decade ago, but wasnt common. It took...


Topics: technology, startup, talent, business, Q&A

ApplyBoard: A “Made in Waterloo” Story

Posted by Waterloo EDC on May 21, 2020

You may have seen the news.

A few weeks ago, ApplyBoard became the second Waterloo company in the last six months to announce a “unicorn” valuation – a private company worth more than $1 billion. This is just the latest step in a fantastic journey that highlights – almost comprehensively – the reasons why Waterloo has become such a dynamic tech hub.

From the foreign student experience at top...


Topics: technology, talent, artificial intelligence

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