Seven finalist teams pitched their innovative startups at the University of Waterloo for a chance to win one of four $5,000 grants showcasing diverse technologies.

Vital Bio has raised US$48 million to date.

Liberum Bio, a Velocity company, raises $1.8 million to accelerate protein synthesis for life-saving therapeutics, reducing time and cost for lab testing.

Eight teams advance to the Velocity $5K finals, where they’ll pitch for a chance to win their share of $20,000 at the University of Waterloo.

Velocity founders showcased their innovations at the Collision conference, gaining global exposure and networking opportunities, with some presenting on the main stage.

Ribbit partners with Transport Canada to test autonomous cargo flights, aiming to deliver goods to underserved northern Canadian communities starting in 2024.

This is your opportunity to be in the audience as UWaterloo student teams pitch their startup ideas to a panel of judges from the local community. The top 8 teams from across night one and night two will move on to the Velocity $5K Finals on July 19th to compete for a chance at one of four $5,000 prizes in grant funding to help turn their concept into a reality.

Robotics company Cobionix has raised a $2.8 million seed round to deploy its commercial robotics system Codi, an industry-first tele-robotic medical imaging tool.