AVIN Waterloo Ventures Fund announces first cohort of startups

Oct 08 19:10 2019 Print This Article

AVIN Waterloo Ventures Fund, which invests in startups that are working on autonomous vehicle technology and connected transportation solutions, has announced the first cohort of startups that will receive investment and mentorship through its program.

Each startup in the first cohort of the program will receive up to $50,000 for eligible product development costs.

The Autonomous Vehicle Innovation Network (AVIN) is an $80 million program by the Ontario government, and includes six regional technology development sites in Durham, Hamilton, Ottawa, Southwestern Ontario, Toronto, and Waterloo. The AVIN Waterloo Ventures Fund is a program offered through the Ontario Centres of Excellence (OCE), and includes partners Communitech, University of Waterloo’s centre for automotive research, and the Waterloo Economic Development Corporation.

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