May recap: key moments and milestones
June 1, 2024
Another eventful month in the books ⬇️
🖥️ Big tech wants your attention. Not on Setori’s watch. The startup raised $1 million USD in pre-seed funding.
🙌 Membio Inc.’s bioreactor tech acquired by global supplier ABEC.
📣 Chosen out of 100 startups, Nfinite Nanotech, ProntiAI, Scribenote, and Vessl Prosthetics are among 25 companies advance to the AC:Studio program final phase.
📈 Bud Walker, who played a pivotal role in nurturing entrepreneurship at University of Waterloo and bringing Velocity to life, joined us for a visit.
🌎 Nfinite Nanotech raises USD $6.5 million in seed funding to boost production of its plastic alternative product.
💯 AiimSense nabs first place at the International Conference on Aging Innovation and Rehabilitation (ICAIR), organized by University Health Network, Toronto Rehabilitation Institute and the University of Toronto.
🎥 Vital Bio demos desktop computer-sized blood diagnostics device at FORTUNE BRAINSTORM Health 2024.
💡 Mila Banerjee, CEO and tech lead of Pronti AI joined Lori Bieda, chief data and analytics officer, BMO; Martin Kon, president & COO, Cohere on a panel hosted by The Logic’s David Reevely to discuss how Canadian businesses can harness the power of AI to boost productivity and economic growth.
⚡ Innovation Open House connected University of Waterloo students with entrepreneurship resources.
♻️ Velocity and David Johnston Research + Technology Park, brought together members from University of Waterloo, VCT Group, Stantec, The Cora Group, Enova Power Corp., Grand River Energy, WR Community Energy and founders to discuss how to power progress towards a greener tomorrow.
👏 Datacurve (YC W24) and the other University of Waterloo teams accepted into Y Combinator.
