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Miovision, a Kitchener-based company founded by systems design engineering graduates announced the closing of $30 million CAD in their Series B financing round earlier this week. The investment will help expand the company’s workforce and accelerate their vision of smart cities and cloud-based traffic management technology.

Waterloo Engineering automotive research projects are receiving financial support from the Canada Foundation for Innovation's (CFI) Automotive Partnership Canada Fund. The two initiatives will help improve fuel efficiency: one by developing lightweight parts and the other by designing intelligent control systems.

Driverless cars are no longer just being driven in The Jetsons' futuristic utopia. 

Steve Waslander spoke with the CBC's Matt Galloway about how the future is today with the province taking the lead on allowing self-driving cars to be tested on our roads.

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The race to build a better battery has drawn in some of the world’s biggest innovators — notably billionaire CEO Elon Musk, who is one of the players in the global drive to invent a low-cost, powerful battery to fuel the next-generation of electric cars.