Exploring the underwater world to combat climate change
Leveraging a wealth of pre-existing data, Coastal Carbon is using artificial intelligence and machine learning to measure blue carbon credits for kelp farmers.
Company news
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TAMVOES partners with Grand River Hospital
Data-driven solution to improve efficiencies and continuity of care Waterloo-based health technology startup TAMVOES, full-time founder company at Velocity, is launching a partnership at Grand River Hospital to test the company’s technology built to empower patients on their healthcare journey. Grand River Hospital will…
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Ten Velocity companies were listed in the Top 100 Tech Companies to Watch for in 2022
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…
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MedMe Health milestones: accelerator program completion & product launch to help fight COVID-19
Velocity is very pleased to share two major updates on MedMe Health, one of our newest portfolio companies.
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Congratulations to the North team
We are excited for the North team and the tremendous outcome they have had through their acquisition by Google. From the entire Velocity family, we wanted to say congratulations!
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Velocity alum ApplyBoard reinvents international university recruitment and secures $2 billion (CAD) valuation
ApplyBoard announced that it has secured $100 million in CAD in Series C funding. The company is now valued at $2 billion (CAD), marking the third time a Velocity-incubated startup has achieved the highly coveted “unicorn” status.
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Velocity alum Emagin acquired by Innovyze: headcount to double in 2020 to combat climate crisis
Emagin, a Velocity-incubated company, announced today that it has been acquired by Innovyze, a global leader in water infrastructure data analytics. Emagin’s platform will form the backbone of Innovyze’s AI offering, and Emagin’s team size will more than double in the Waterloo Region in…
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Embark Raises $40M to Expand its Fleet of Self-Driving Semi-Trucks to 100
Embark has huge ambitions to expand its fleet of autonomous semi-trucks from 5 to 100, and now, with a $40 million (CAD) Series B investment led by Sequoia Capital, that vision has wheels. Three years after the company was initially founded by Alex Rodrigues and Brandon Moak as Varden…
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ApplyBoard Raises $17 Million in Series A Funding to Streamline International Student Applications to North American Schools
Applying to post-secondary schools can be a hassle, but particularly so as an international student. Not only do students need to find the right school for their financial situation, academic background, and desired program, they also need to navigate the murky waters of applying…
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Velocity Entrepreneurs Shak Lakhani and Andre Bertram win Thiel Fellowships
How does a $100,000 grant sound, paired with a two year program aimed to help youth under the age of 22 develop their ingenious ideas? The Thiel Fellowship offers an elite few the opportunity to pursue a different path and work full-time on their idea. This gives…