Velocity

company

About

Velocity is a leading entrepreneurship program at the University of Waterloo, overseeing the most productive startup incubator in Canada.

  • 11 - 50

Details

Industries
Business Development,Incubators
Founded date
Sep 1, 2008
Number Of Employee
11 - 50
Operating Status
Active
Investor Type
Incubator,University Program

The Velocity Fund is a grant program for startups that offers $390,000 in equity-free funding each year to local startups through its Velocity Fund $25K and Velocity Fund $5K programs at the University of Waterloo.

The Velocity Garage incubator is home base to 75+ early-stage startups building technology-based businesses in the heart of Waterloo Region.

Velocity Start is workspace on-campus at the University of Waterloo for people who want to learn about entrepreneurship and collaborate with like-minded people. Resources include lounge and workspace, booking space, weekly workshops, and startup coaching.

Velocity Science is a partnership between Velocity and the University of Waterloo Faculty of Science, providing students interested in building a science startup with the right tools and resources to initiate and develop world-class science companies.

The Velocity Residence provides aspiring entrepreneurs living in Waterloo Residences with the opportunity to collaborate and work on projects they are passionate about.

Investments

Number of Investments
Number of Lead Investments
11
9
Velocity has made 11 investments. Their most recent investment was on Jan 1, 2019, when Signal raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Jan 1, 2019 Signal
Pre-seed Apps Yes
Nov 28, 2018 Pulse Industrial
Grant $25K Electronics Yes
Aug 7, 2018 OpenPhone
Seed $120K B2B
Jul 26, 2018 Hodlbot
Grant $25K Bitcoin Yes
Mar 28, 2018 Fuzzbuzz
Grant $25K Developer Tools Yes