Canada's Largest Engineering School

Construction tech company Brickeye has raised $10 million to further develop its monitoring and risk mitigation platform, expand into health-care and data-centre facility construction and grow its market share locally and abroad.

Brickeye was co-founded in 2014 by Waterloo Engineering alumni Richard Liang (BASc ’12, MASc ’14), Hamid Alemohammad (PhD ’10), Amir Azhari (PhD ’17), Alex Fuentes (BASc ’00), all Department of Mechanical and Mechatronics Engineering grads. The company's services platform catches expensive, on-site issues like an overnight water line burst, before they escalate.

A company launched in 2024 by three Waterloo Engineering graduates has secured US $50 million in backing to help drive a move away from residential gas furnaces to its all-electric, smart heat pumps.

Vancouver-based Jetson, which was started by experienced technology entrepreneurs Stephen Lake, Matthew Bailey and Aaron Grant (all BASc ’12, mechatronics engineering), announced the funding infusion this week as it sets its sights on transforming the home heating and cooling industry in North America.

A health-technology company that grew out a fourth-year design project at Waterloo Engineering continues to gain traction after earning a key approval from Health Canada this fall.

Vena Medical was launched at Velocity, the flagship startup incubator at the University of Waterloo, after classmates Michael Phillips and Phillip Cooper (both BASc ’18, mechanical engineering) won early commercialization funding through entrepreneurship programs.