Clearpath Robotics has raised an additional $6.6 million CAD ($5 million USD) as part of its Series C, bringing the startup’s latest round to $45 million CAD ($34 million USD).
The $350,000 CAD in seed funding, brings the AC JumpStart alumni's total funding to $440,000.
The announcement follows fellow AC graduate, Miovision, being named CIX Innovator of the Year early this month.
This funding will enable the company to build a better future for countless students around the world by breaking down the barriers to accessing educational opportunities.
The CIX Innovator of the Year Award is given annually to a Canadian company that disrupts and transforms an industry in profound ways.
Within The Auxtera Project, AC grad Magnet Forensics will donate its award-winning digital investigation software to those in the justice sector that do not otherwise have the resources to perform critical forensic examinations, including police agencies, public defenders, charities and not-for-profits.
Acquisition brings more than 400 labs and course materials onto AC grad Top Hat’s proven active learning courseware platform. More than 3 million students are enrolled in courses using Top Hat at 750 of the top 1,000 higher ed institutions in North America.
LoRaWAN® based platform facilitates wireless, cost-efficient real-time monitoring solutions for cities, campuses and organizations.
Rapid Novor's next generation protein sequencing platform provides deep insight into the humoral immune response.
Minister Mélanie Joly announces funding from FedDev Ontario for eight innovative businesses in Waterloo Region to create nearly 500 high-skilled jobs and commercialize new technologies.
A Draft Canada original.
AC grad Top Hat has more than three million post-secondary students using its products in five different countries and more than 400 employees.
The AC grad is developing a solution to make COVID-19 testing accessible to everyone.
LoRaWAN® based solutions offer remote, real-time air quality monitoring and management capabilities for building re-occupancy following the COVID-19 shut down.
Mach7 Technologies and Accelerator Centre graduate Client Outlook set to establish new enterprise imaging standards.
Otto Motors, a division of AC grad Clearpath Robotics Inc., builds squat but agile battery-powered, pallet-sized vehicles that autonomously transport loads of as much as 1,500 kilograms at two metres per second to assembly lines.
AC grad Top Hat just bought Canada's largest education publisher's university textbook business and plans to convert most sales of the 400 titles it is acquiring to digital formats available on its mobile platform.
The investment will be used to expand deployment of eleven-x smart city and campus solutions.
AC grad Nicoya is here to support your research during COVID-19.
AC grad Rapid Novor will sequence one antibody (a $13,000 value) free of charge for different researchers each month during the COVID-19 period. The team is offering free de novo protein sequencing of an antibody of interest to researchers conducting breakthrough work, but do not have the financial capabilities to procure such a service.
In these extraordinary times, staying connected is more important than ever. AC grad TextNow is helping in a big way— from free phones to free service.
"Now, we want to help more public agencies meet their business continuity plans—which is why we have developed our Bonfire COVID-19 Emergency Response Program to offer our platform for free to public sector organizations in North America." -Corry Flatt
AC grad InkSmith is changing gears to help out front line workers during the COVID-19 pandemic. The Kitchener company began 3-D printing and laser cutting face shields on Friday that they hope can be distributed to healthcare workers.
In an effort to support educators and ensure the least amount of disruption to students’ education, AC grad Top Hat is making its platform free for classes needing to complete the rest of the semester online.
“Because the economics of trades are so important here we wanted to focus on improving the flow across the border.” – Susan Anzolin, Executive Director, Institute for Border Logistics and Security
Intellijoint KNEE is a quick and easy-to-use, surgeon-controlled navigation solution that provides real-time positional measurements of cutting guides during total knee arthroplasty (TKA), helping orthopaedic surgeons achieve optimal knee alignment for every patient.
Today’s funding comes on the heels of a successful 2019. Top Hat expanded to 400 employees and more than 2.7 million students are enrolled in courses using Top Hat at 750 of the top 1,000 higher education institutions in North America.
Hold the phone! AC grad TextNow just launched something BIG (and, more importantly to phone lovers, FREE).
AC grad Miovision receives a $120 million investment from Telus Corp's venture arm to help deploy its traffic-signal-management platform more quickly worldwide.
Groundbreaking new SPR system uses digital microfluidics technology and flexible 16-channel design to reduce the time and cost of drug discovery.
The funding will enable Nicoya to expedite the development of new products focused on drug discovery, grow its team from 50 employees to 80 over the next year, expand its reach to more international markets, and target new opportunities within the biotechnology and pharmaceutical industries.
The Accelerator Program graduate eleven-x, a global leader providing complete full-service low power IoT solutions, announced that The City of Calgary, Canada’s third largest municipality, has selected it to be the managed service provider for The City’s LoRaWAN® based Smart City network.
Magnet SHIELD empowers officers and investigators to collect evidence at the scene of the crime and immediately produce a standardized report for Crown prosecutors.
The Accelerator Program® graduate Plum, a software-as-a-service company that provides enterprise organizations with the data they need to quantify the potential of their workforce, announced that it has raised $4.2M USD in seed funding. In combination with its previous Angel round, Plum has raised a total of $6.1M to date.
Today, Canadian Business and Maclean’s ranked AC grad Intellijoint Surgical® 13th on the 2019 Startup 50 ranking of Canada’s Top New Growth Companies. The company made the 2019 Startup 50 list with two-year revenue growth of 1123% and is profiled online at CanadianBusiness.com and in October’s print issue of Maclean’s Magazine.
“What do you want to be when you grow up?” Ask a kid and they’ll tell you they want to become an astronaut, a doctor, a police officer or a rock star. Ask a teenager and it’s a more serious question that requires a bit of thought. But for a 17-year-old Carol Leaman, the answer was clear: she wanted to run companies as a CEO.
Today, Sustainable Development Technology Canada (SDTC) , announces a funding partnership with Ecopia Tech Corporation (Ecopia) to create the first comprehensive digital map of all of Sub-Saharan Africa. This digital map will include an estimated 342 million buildings, 3.8 million linear kilometers of roads and 582 million hectares of forests.
Dr. Zhou Wang, the Emmy Award winning expert on viewer experience measurement and co-founder and Chief Science Officer of SSIMWAVE™, has been awarded a prestigious Tier 1 Canada Research Chair in Multimedia Quality-of-Experience.
Accelerator Program alumnus Mozzaz Corporation has been named a finalist in the 2019 Microsoft Partner of the Year for Healthcare. The company was honoured among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of healthcare solutions based on Microsoft technology.
What does it take to build a smart lighting control solution that is flexible enough to be used in greenhouses, commercial spaces, and in industrial lighting solutions? It takes engineering expertise from two University of Waterloo graduates, killer business instincts, and the support of expert, specialized mentors along that way.
ApplyBoard, the world’s largest platform for international students to apply to study at the best educational institutions in North America, today announced it has secured C$55 million in Series B funding.
Raj Saini, Member of Parliament for Kitchener Centre, on behalf of the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for FedDev Ontario, announced a contribution of $2.57 million for Nicoya to scale up operations and accelerate growth into new markets.
Today Bonfire Interactive Ltd. (Bonfire), a leader in strategic sourcing and procurement software, has formally merged with GTY Technology Holdings Inc. (NASDAQ: GTYH) (“GTY”)) in a business combination with five other leading software as a service (SaaS) companies specializing in government technology.
The Accelerator Centre (AC) is pleased to announce its newest graduates of The Accelerator Program™. The graduation of Expeflow and Rapid Novor marks the 6oth and 61st successful graduation from the AC’s world-renowned program...
Mach7 Technologies Limited (Mach7) and Client Outlook, Inc. announced today they have been selected by Hospital Authority of Hong Kong (Hospital Authority) to support radiology image sharing among healthcare providers for the entire territory of Hong Kong.
Kik Interactive, Inc., creator of the popular chat platform Kik, today announced new experiences powered by the cryptocurrency Kin. Chat themes, a new feature for customizing chat screens, are now available to users.
APrivacy, a leading provider of digital security solutions for Financial Services, announced today its new solution, APrivacy Bot on WhatsAppTM, which is poised to transform how banks and insurance companies engage with their customers.
Geotab, a global leader in IoT and connected transportation, today announced the acquisition of clean-tech solution provider, FleetCarma. Specializing in Electric Vehicle (EV) telematics, FleetCarma is a forerunner in the electric vehicle industry, providing technology that has been critical to the adoption and operation of EVs for over 10 years.
Innovative Platform Enables Easy Wireless IoT Connectivity for Currently Installed But Unconnected Devices.
A relative newcomer to the field of surgical navigation systems, Intellijoint is quickly positioning itself as a disruptive technology company. Specializing in orthopedics, the company is rolling out intellijoint HIP, a surgeon-controlled, 3D mini-optical navigation system that provides many unique advantages over similar options on the market.
As cities become ever more digitally connected, Miovision Technologies Inc. has raised another $15-million to expand its smart intersection products and lay the groundwork for future urban innovations.
Originally published by CTV news Kitchener
As mapping technology goes - Ecopia is a whole other level of sophistication, from adding detail to 3D building models, to precision detection of specific locations, to identifying changes to the landscape in close to real time. Who are some of your customers and how are they using your mapping capabilities?
The funding was led by Ripple Ventures and GTAN, with participation from MaRS IAF, BDC, Garage Capital, Angel One, Maple Leaf Angels, Innovation Grade Ventures, the Laurier Startup Fund, the University of Waterloo Student Venture Fund and the Waterloo Alumni Angels.
The round was led by Grinnell Mutual, with participation from the MaRS Investment Accelerator Fund and Ames Seed Capital. The Global Insurance Accelerator and Canadian and US-based angels added follow-on investment.
The Accelerator Centre (AC) is pleased to announce its newest graduates of the Accelerator Program. The graduation of Alert Labs and eleven-X marks the 58th and 59th successful graduation from the AC’s world renowned Accelerator Program.
The Accelerator Centre (AC) is pleased to announce its newest graduates of the Accelerator Program. The graduation of SSIMWAVE and FindBob Ltd. mark the 56th and 57th successful graduation from the AC’s world renowned Accelerator Program.
Alaunus, an emerging leader in technology-enabled care solutions today launches Bloom, a new technology platform to directly connect Ontario patients and families with caregivers, accelerating access to high quality home-based care.
Fleet Complete®, a leading global IoT provider of fleet telematics and mobile workforce technology, continues its growth through the acquisition of BigRoad, a leading provider of hours-of-service (HOS) and regulatory compliance solutions.
TrustPoint, which develops secure products for the Internet of Things (IoT) and machine-to-machine communication, needed to grow. And it needed to grow fast. The IoT was booming. Security, smart cities, connected critical infrastructure, all the areas in which TrustPoint was working, were generating unmet demands.“It takes a lot of resources,”
Kitchener-Waterloo, Ontario, December 05, 2016 - Deep Trekker Inc., Canadian manufacturer of underwater remotely operated vehicles (ROVs) and submersible pipe crawlers, is pleased to announce the expansion to their new head office in Kitchener-Waterloo, Ontario to accommodate for the growing, global popularity the company’s robots.
Funding from iNovia Capital, Caterpillar Ventures, GE Ventures and previous investors will expand AC Grad's new OTTO Motors division.
At today’s Action Entrepreneurship Canadian Summit in Toronto, Futurpreneur Canada and Shopify announced Intellijoint Surgical Inc. as the winner of the Shopify Grit Award. The award celebrates the kind of business success that comes from having “true grit” – creativity, ingenuity and resilience when faced with challenges.
The Ontario government is leading the charge, so to speak, to expand facilities for electric vehicles. By next March, a network of nearly 500 charging stations will spring up at more than 250 locations across the province — in cities, along highways and at workplaces and condo buildings.
Clearpath, provider of self-driving vehicle technology and services, was named a Silver Winner for their OTTO 1500 self-driving vehicle by the prestigious Edison Awards. The award program celebrates 29 years of honoring the best in innovation and excellence in the development of new products and services.
A fleet of OTTO self-driving vehicles will automate just-in-time parts delivery within Milwaukee facility.
Fintech startup APrivacy is set to scale its data encryption and tracking technology business from Hong Kong.
Waterloo maker of low-cost smartphones saw revenues almost double in 2015, but Canadian carriers aren’t interested.
Miovision – a company with a history of teaming up in the Waterloo Region sandbox – has just announced its most recent strategic partnership: with hardware design and testing startup Swift Labs.
TextNow is a Canadian company, but its low-cost cellphone plans are only available in the United States. That’s not because TextNow doesn’t want to offer them here, but because it can’t.“We have a team of almost 80 people here in Waterloo, Ontario,” says Derek Ting, TextNow’s CEO.
lifeIMAGE, a leading medical image exchange network connecting health care networks, providers and patients, announced today that it has formed a strategic relationship with Client Outlook that will make its renowned visualization platform a core component of the lifeIMAGE offering
Clearpath, developer of OTTO – the self-driving vehicle designed exclusively for material transport, has been chosen to supply self-driving vehicles for assembly line conveyance to John Deere’s operation in Horicon, Wisconsin.
Clearpath Robotics' Chief Executive Officer, Matt Rendall, has been selected to join the Board of Directors for Robotic Industries Association (RIA) as one of four at-Large Directors.“I am honored to take on the position of Director at-Large within RIA,” said Matt Rendall, Chief Executive Officer at Clearpath Robotics.
The trucking industry produces more paper reports than any other sector of the economy except tax collectors, so it was more than ripe for digital innovation. "There is more than a billion pieces of paper produced annually by drivers of trucks," Terry Frey, the founder and chief executive officer at BigRoad, said.
During the past seven months, a local startup that helps publishers maximize ad revenues from websites has grown by 40 per cent — month over month — and wants to hire 20 engineers as it prepares to more than double in size in the coming year.
AC Grad's Universal Image Viewer Provides All Users With Anywhere, Anytime Access to Diagnostic Quality Images Regardless of Underlying System.
When you hear the word “startup,” you likely think of a twenty-something tech wiz working with two or three buddies in the basement to build the next Facebook.But achieving success is a lot harder than it appears. In fact, 90% of startups fail.That’s where a “grown-up startup” has an advantage.
Waterloo-based Axonify, an e-learning platform that uses games and incentives to make corporate learning fun, ended 2015 with a staggering $10 millin in annual recurring revenue, doubling that number from the beginning of the year and growing from a team of around 30 to 60.
Two of the Accelerator Centre's Graduates have been nominated for Startup Awards, while Axonify received a nod for Employer of the Year!
Frost & Sullivan Commends Intellijoint Surgical for the Success of intellijoint HIP™.
A Miniature Surgical Smart Tool for Cup Position, Leg Length, and Offset in Hip Replacement Surgery.
Co-development of digital forensic tools will support law enforcement and national security agencies’ recovery and analysis of digital evidence.
AC Graduate wins coveted award for Best Advance in Unique Learning Technology. The Brandon Hall Group Excellence Awards Program is one of the most prestigious awards programs in the industry. Axonify’s win was announced on December 3, 2015. The winners are listed on the Brandon Hall website.
Inside a few Canadian school buses a new sensor technology is helping keep drunk drivers off the roads.It’s part of a test project underway at Sober Steering, a Waterloo, Ont.-based startup that aspires to make the breathalyzer obsolete with a different way to monitor blood-alcohol levels that’s both faster and cheaper.
Looking back at the success of the AC's first Graduate It’s been almost 7 years since Miovision became the Accelerator Centre’s first graduate and started down the path of defining what the next generation of tech companies looked like in Waterloo Region.
Six firms in Waterloo Region are on this year's list of Canada's fastest growing technology companies.Magnet Forensics, Miovision Technologies, Aeryon Labs, Dejero Labs, eSentire, and Igloo Software are on Deloitte's Technology Fast 50 list, which is based on revenue growth over the previous four years.
AC Graduate Intellijoint Surgical Inc., a medical technology company committed to developing and commercializing low-cost miniaturized surgical smart tools, announced today that the United States Patent and Trademark Office has granted the company a key patent related to its core technology in miniature 3D surgical measurement.
Waterloo Region’s Plum won a $250,000 prize from Buffalo-based business competition 43North, a prize the company plans to leverage as it builds a sales force in the United States.
New York Governor Andrew M. Cuomo announced the 11 finalists for 43North, the world's largest business idea competition, which included AC Graduate Plum. The finalists will now compete in front of a panel of expert judges on October 29 at Shea's Performing Arts Center in Buffalo to win 43North's top cash prizes.
With Silicon Valley ‘godfather’ Steve Blank looking on as a judge, Nicoya Lifesciences pitched its way to a $50,000 prize on Friday night, as the new Communitech Rev sales accelerator graduated its first cohort.
Jae Kim, former head of strategy and operations at the U.S. headquarters of Line, the Japanese messaging, will manage Kik’s growing U.S. operations and the roll-out of services on its popular mobile messaging platform. He will be based in Los Angeles.
Canadian robotics manufacturer releases new warehouse robot with GE Ventures as strategic investor and GE as first customer.
“I’m thrilled to have Neil on the executive team to help us accomplish our mission of impacting people’s lives by uncovering the truth and empowering others to make a difference”, said Adam Belsher, CEO at Magnet Forensics.
AC Client, and soon to be Graduate, Sober Steering was named one of the Top Ten Startups of the New Automotive Industry today by the LA Auto Show's Connected Car Expo Advisory Board.
Messaging apps like Snapchat have made them ‘cool’ again and Kik wants a piece of the action.Today it’s announcing Kik codes, which are a new way to add friends, get straight into group conversations and talk to brands.
The Kitchener, Ont.-based company says it plans to open a product design facility in the San Francisco Bay Area before the end of the year.It would be Clearpath’s first office outside the Kitchener-Waterloo community where the startup launched about six years ago.
“Congestion, traffic, it’s a global problem. It’s not specific to North America or Europe or any particular country or city,” says Kitchener, Ont.-based Miovision Technologies Inc.’s chief operating officer Tony Brijpaul
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