Velocity alumni and residents have collectively raised over $2.4 billion USD, a 40% increase from the $1.7 billion that were raised by the end of 2020. While marketplaces and business services drove the majority of investments in dollar value, early investing trends in deep tech hint at how the 2030 Canadian tech sector will evolve.
When I became Director of Velocity Incubator, I made a bold claim: by 2022, Velocity will be recognized as North America’s most successful pre-seed incubator. That was my north star, and anything short of that goal was going to be unacceptable. At this moment I can confidently say that we are on that trajectory.
Velocity is hiring its next Incubator Director to drive success for ventures in the Velocity portfolio. Velocity is one of North America’s top business incubators, backed by the University of Waterloo, one of Canada’s most innovative universities. Having supported more than 400 companies that…
Velocity is hiring a Senior Communications Officer (SCO) to lead Velocity’s communication strategy including media relations, social media, internal and external stakeholder relations, story development and writing, public outreach and brand marketing at a regional, national and international level.
With the closing of another investment round, we are excited to announce the 4 new companies joining the Velocity Fund and Velocity Health Tech Fund portfolios.
Editor’s note: You can watch our second virtual VFPC on-demand now. (Nov 5, 2020) Four months ago, Velocity held its first ever virtual VFPC. Smart beds for special needs, an app for pharmacists to provide more personalized care, the next generation of seamless and…
Combining the power of Canada’s supercluster with Velocity’s mission to launch high-impact companies, this partnership will strengthen our support for game-changing AI companies.
If you are interested in a pre-seed investment ($50K or $100K), you can apply for the Fall 2020 edition of VFPC today. We invite all finalists to pitch virtually, and we are looking to invest in four startups this round.
Suncayr is the maker of SPOTMYUV, a UV detection sticker that can show someone when sunscreen needs to be reapplied again. Read the story that’s more than half-a-decade in the making.
Intelline designs and manufactures high efficiency diesel generators. Read what the startup’s been working on since 2018.