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A startup company with strong ties to Waterloo Engineering won more than $140,000 in backing this week at a prestigious pitch event in Texas.

CataLight, which aims to make safe drinking water accessible to everyone, was among seven finalists at the Rice Business Plan Competition, the largest and richest student startup contest in the world.

Hackers at the University of Waterloo topped counterparts at more than 2,000 other schools to take first-place honours in a North American league for the popular invention competitions.

The result reflected the fact over 3,200 Waterloo students took part in more than 150 events supported by Major League Hacking (MLH) during the 2017-2018 season and finished in the top three at 30 of them.

The Ontario Advanced Manufacturing Consortium (AMC), a joint partnership between McMaster University, University of Waterloo, and Western University, is helping to accelerate industry adoption of advanced manufacturing technologies, which will create jobs and strengthen the province’s reputation as a leading manufacturing region.

Since AMC was launched in April 2017, nearly 100 companies have benefited from the advanced manufacturing experts and state-of-the-art facilities at Waterloo. 

Waterloo Engineering entrepreneurs made another strong showing today at the main event of the Velocity Fund Finals for winter 2019, taking three of the four $50,000 investments that were on the line.

Investment-ready startups SiteVue, ClearVoxel and Glove Systems had three minutes to distinguish themselves in a field of nine competitors in the pitch event at the Tannery Event Centre in downtown Kitchener.