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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.

A group of University of Waterloo researchers say the salvage yard need not be the end of the road for exhausted electric-vehicle (EV) batteries. They’ve found that refurbished EV batteries can have a second career as power sources for everything from lighting to refrigeration.

Read more at Waterloo Stories

In April, construction crews began stripping down an old laboratory tucked among the engineering buildings on the University of Waterloo campus.

They are creating a research facility with three different labs, or cells, working toward a common objective: smarter, more energy-efficient automobiles, with reduced emissions.