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Tech & Business

Google to expand its Kitchener office and launches new startup accelerator

KITCHENER — Google is expanding its Canadian operations with three new offices in Kitchener, Toronto and Montreal. Currently the company’s largest Canadian office is in Kitchener’s Breithaupt Block, at the corner of Breithaupt Street and King Street West. Google says it will become the flagship tenant once Phase 3 of the Breithaupt Block’s construction is …

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$2.8 billion was invested in local startups during 2021, more than the previous 10 years combined

‘We are the world’s fastest growing innovation hub’ More than $2.8 billion was invested in local startups during 2021, more than the previous 10 years combined, said Chris Albinson, chief executive officer at Communitech. “That is up 200 per cent year-over-year,” said Albinson. “It’s an exponential curve, I like exponential curves, they are fun.” The …

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KW companies take top two spots on Deloitte Technology Fast 50

Meet the latest winners of the Technology Fast 50 program, falling within the categories of Fast 50, Clean technology, Enterprise Fast 15, and Companies-to-Watch. Recognizing the world-class achievements of Canadian technology companies, the Technology Fast 50 program highlights their commitment to innovation, leadership, and rapid revenue growth between 2017 and 2020. This year, the average …

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Communitech exploring $200 million venture fund

Longtime Kitchener-Waterloo tech champion Communitech is exploring new ways to support startups across the country by launching a $200 million venture fund, BetaKit has learned. The idea for the venture fund comes amid a year of transition for Communitech, which overhauled its strategy along with a leadership change, with C100 co-founder Chris Albinson taking over …

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Waterloo Region firms looking to fill hundreds of roles in ‘highly competitive’ tech sector

WATERLOO REGION — Take a look at the websites for local tech firms, large and small, and you’ll find a common sign these days: We’re hiring. Faced with a shortage of skilled labour pre-pandemic, the tech sector found its services in even greater demand as COVID-19 lit a fire under an already-accelerating digital adoption and …

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