Tag: kitchener-waterloo
After 10 years leading Tulip, Ali Asaria steps down as CEO
Tulip COO and president Ian Rawlins to replace Asaria. Ali Asaria, who has been at the helm of Kitchener-Waterloo-based retail startup Tulip since its…
Montréal’s tech hub is in trouble, Waterloo Region goes grassroots
Welcome to BetaKit’s startup stories of the week! Here, you will find the week’s most important news, features, and editorials published on BetaKit. If…
Kitchener-Waterloo tech leaders launch new community-building platform Waterloo Inc.
Kitchener-Waterloo tech leaders have teamed up to found Waterloo Inc, a new platform to facilitate local community-building and discussions regarding the innovation economy. Developed…
Trio of Canadian tech companies show progress towards profitability in earnings this week
Thinkific hits positive EBITDA as Coveo and Mogo shrink losses. A number of publicly-traded Canadian technology companies have recently made meaningful progress on their…
Cavelo secures $5-million Inovia-led seed round to help financial services firms protect their data
With cybersecurity no longer just “a big company problem,” Cavelo eyes US expansion. Kitchener-Waterloo-based cybersecurity startup Cavelo has closed $5 million CAD in seed…
Faire cuts 250 employees in its second layoff round in last year
Last year, Faire slashed seven percent of its workforce as the e-commerce boom dimmed. Kitchener-Waterloo and San Francisco-based online wholesale marketplace Faire has laid…
Traffic management startup Miovision closes $36-million CAD, bringing latest round to $296 million
Amid acquisition spree, Miovision will use the funding to fuel organic and inorganic growth. Traffic management startup Miovision has closed $36 million CAD for…
FluidAI Medical announces $15-million Series A for AI-driven postoperative monitor
Series A round comes almost exactly one year after rebranding from NERv Technology. Kitchener-Waterloo healthtech startup FluidAI Medical (“FluidAI”) has announced it raised a…
Rockwell Automation completes acquisition of Clearpath Robotics and its OTTO Motors division
Reportedly topping $600 million USD, the deal will keep the autonomous robotics startup in the Waterloo Region. Milwaukee, Wis.-based Rockwell Automation has completed its…
Rockwell Automation signs agreement to acquire Waterloo-based Clearpath Robotics
Clearpath’s mission statement is to automate “the world’s dullest, dirtiest, and deadliest jobs.” Milwaukee, Wis.-based Rockwell Automation has signed an agreement to acquire Kitchener-based…