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Waterloo EDC Blog

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

Four eye-opening facts about Wilfrid Laurier University

Posted by Waterloo EDC on November 7, 2019

Wilfrid Laurier University (Laurier) is one of three outstanding post-secondary institutions located in Waterloo. Recognized for their exceptional business degree program and a wide range of experiential learning opportunities, Laurier plays a key role in filling Waterloo’s talent pipeline with a highly trained professional workforce.With over 19,000 students in nine faculties across four...

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Topics: technology, automotive, business, R&D

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

Ford Motor Company unveils innovation centre in Waterloo

Posted by Waterloo EDC on November 4, 2019

One of the world’s largest automotive companies has joined Waterloo – one of Canada’s top autotech ecosystems – in a very big way. Ford Motor Company surprised many in the community with the announcement that they had quietly built a team of 150 over the last two-and-a-half-years.

The newly unveiled Ford innovation centre works on vehicle communications and infotainment infrastructure, with a...

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Topics: technology, automotive, R&D

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