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News

From a Bot to the Big Leagues: Zoom.ai’s Enterprise Evolution

February 25, 2019 / Source: TechVibes

With the recent boom of AI companies popping up around Canada and abroad, a large portion of those startups will soon have to find new ways to expand their product offerings in order to scale and transition to enterprise organizations.

That kind of growth is easier said than done. Relying on a single machine learning integration or AI platform can only get a company so far, so the next option is to find new and partners and methods of delivery. That has been Zoom.ai‘s game plan, especially since raising a $3.1 million extension to their seed round 10 months ago.

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FEBRUARY INVESTOR MEETING RECAP

February 19, 2019 / Source: GTAN

On Tuesday, February 19th, GTAN members, entrepreneurs and special guests, including students and professors from The Conrad School of Entrepreneurship and Business and The Lazaridis School of Business and Economics, gathered at Bingemans for the February Investor Meeting.

Attendees heard pitches from three early-stage companies: Stellar Biome, Micrometrics and Backyard Media.

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After raising $100 million, this is what the future looks like for Andela

February 12, 2019 / Source: Pulse

In January 2019, Andela, a company that develops software engineering talent in Africa and outsources them to clients around, raised $100 million in Series D funding.

Generation Investment Management, an investment firm chaired by Al Gore, the former vice president of the US, led the round.

Omowale David-Ashiru, Country Director at Andela, says the new investment will help Andela “accelerate the development of Africa’s best tech talent in Nigeria and beyond.”

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Sci Innovation Competition 2019

February 11, 2019 / Source: GTAN

This Spring, Shenzhen will host the third China (Shenzhen) Innovation & Entrepreneurship International Competition - Sci Innovation Competition 2019. Also known as the 'Global Olympics of Innovation', the competition is open to exceptional entrepreneurs and companies. It promotes the integration of human resources, technology, capital, attracting more overseas entrepreneurs to expand their business in Shenzhen.

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FLIR Systems Acquires Aeryon Labs for $200M

January 28, 2019 / Source: Business Wire

FLIR Systems, Inc. announced today that it has acquired Aeryon Labs Inc., a leading developer of high-performance unmanned aerial systems (UAS) for the global military, public safety, and critical infrastructure markets for $200 million. Aeryon’s vertical takeoff and landing quad-copter airframes integrate multiple sensors, including FLIR thermal technology, to provide users with immediate high-resolution intelligence, surveillance, and reconnaissance (ISR) capability.

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Connecting African software developers with top tech companies nets Andela $100 million

January 23, 2019 / Source: TechCrunch

Andela, the company that connects Africa’s top software developers with technology companies from the U.S. and around the world, has raised $100 million in a new round of funding.

The new financing from Generation Investment Management (the investment fund co-founded by former Vice President Al Gore) puts the valuation of the company at somewhere between $600 million and $700 million, based on data available from PitchBook on the company’s valuation following its previous $40 million funding.

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JANUARY INVESTOR MEETING RECAP

January 22, 2019 / Source: GTAN

On Tuesday, January 22nd, GTAN members, entrepreneurs and special guests gathered at Bingemans for the first Investor Meeting of 2019. This month, guests included Michael Harris Jr., Member of the Ontario Provincial Parliament of Kitchener-Conestoga, students and professors from the Wilfrid Laurier University Startup Fund and the University of Waterloo Student Venture Fund.

Attendees heard pitches from three early-stage companies: iRegained, myBrokerBee and Sonnet Labs.

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2018 in Review

January 21, 2019 / Source: GTAN

The past 12 months have been some of the most eventful for the Golden Triangle Angel Network. With four exciting exits and the formation of our alliance with two other Angel Groups, 2018 was a record breaking year for GTAN.

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Startup lands plum assignment at the University of Waterloo

January 2, 2019 / Source: The Record

WATERLOO — If increased exposure translates into more sales, a local startup is in for a very good year.

Plum developed a cutting-edge software platform that uses artificial intelligence and industrial-organizational psychology to help companies find the best applicants among the resumés.

With funding from the Build in Canada Innovation program, the University of Waterloo's co-operative education program is now using Plum to match 20,000 students a year with positions at 7,000 top employers across North America.

 
 
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The dream of sight come true

December 24, 2018 / Source: Lexington Herald Leader

Joe Marques, who is legally blind, received the gift of sight this year thanks to the generous donations from Book of Dreams readers which bought him a pair of eSight glasses.

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