Velocity, MIX, and Western University derisk health tech start-ups. By providing connections, expert advice and facilities for product development, the Southwestern Ontario Health Innovation Partnership innovation hub increases survival and supports capital-efficient growth for health tech companies.
The recent global health crisis highlighted the need to support and develop health-focused technology companies and build a stronger health innovation and manufacturing pipeline in Ontario. With the support of a $10-million investment from the Government of Canada, through the Federal Economic Development Agency…
Which social media sites you get your news from is an incredibly hot topic. By now, we are all aware of the unintended consequences of letting ‘engagement-prioritizing’ algorithms decide what news article should be pushed in front of people. Using social proof as an…
Velocity companies were heavily featured in the Top 100 Tech Companies to Watch for in 2022 report from FoundersBeta. Able Innovations Able Innovations is solving the painful and labor intensive process of patient transfers by developing robotic technology that enables effortless, single caregiver, safe…
2021 was an incredible year for venture capital and tech. Canadian companies raised a collective $11.8B CAD by the end of Q3 2021, nearly three times the total raised in all of 2020. As of 2020, Canada had four unicorns (two of them Velocity…
Interested in making a direct impact on the startup community in the Waterloo Region and beyond? Velocity is hiring a Business Advisor to do just that and more. At Velocity, you will become an integral part of Canada’s most productive startup incubator, where an…
Velocity is a top Incubator in Canada where tech founders build extraordinary companies. Throughout our 12-year history, Velocity has supported >400 companies that have created >5,000 jobs and raised >$2.4B in private capital to date. Our highly talented team has been essential to Velocity’s…
Velocity, Western University, the City of Kitchener and Medical Innovation Xchange (MIX) are partnering to build a Southwestern Ontario Health Innovation network and will be supported by a $10-million grant from FedDev Ontario.
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.