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Thalmic Labs, a company founded by three Waterloo Engineering graduates, announced a series B raise of US $120 million today.

Leading the future of human-computer interaction with its Myo gesture control armband, the company has plans to further build out its workforce in Kitchener-Waterloo and San Francisco, and accelerate development of new technologies and products. 

The investment was led by Intel Capital, the Amazon Alexa Fund and Fidelity Investments Canada.

Palihapitiya lifting ‘self-inflicted’ fear of failure from budding entrepreneurs

From lessons learned while on academic probation to his view of Waterloo Engineering as one of the top schools on the planet, celebrated alumnus and Silicon Valley venture capitalist Chamath Palihapitiya shared his humour, honesty and insight during a free-wheeling discussion on campus today.

Members of the Medella Health team pose.

Medella members, winners of a national startup award, pose for a team picture.

A student startup with strong ties to Waterloo Engineering has taken first prize in Canada in the annual James Dyson Award competition for its work on smart contact lenses to monitor glucose levels for people with diabetes.

A tight timeline was only fitting when engineers at the University of Waterloo took on a special project for the Canadian track cycling team headed to the Summer Olympics in Rio de Janeiro.

Lending their expertise in a world where winners and losers are typically decided by tiny fractions of a second, Professor John McPhee and research engineer Carin Yeghiazarian had just one week in June to produce a small but technically complex piece of hardware.