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Velocity

North America, Ontario, Canada, Waterloo

Description

Velocity is a leading entrepreneurship program at the University of Waterloo, overseeing the most productive startup incubator in Canada.

Investor Profile

Velocity has made 14 investments, with 2 in the past 12 months and 7% as lead.

Stage Focus

  • Pre Seed (64%)
  • Seed (21%)
  • Series G (7%)
  • Grant (7%)

Country Focus

  • Canada (71%)
  • United States (21%)
  • United Kingdom (7%)

Industry Focus

  • Health Care
  • Medical Device
  • Artificial Intelligence (Ai)
  • Robotics
  • Manufacturing
  • Software
  • Medical
  • E-commerce
  • Computer Vision
  • Machinery Manufacturing
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Velocity frequently co-invest with?

Reach Capital
North America, California, United States, San Francisco
Co-Investments: 1
HAX
North America, California, United States, San Francisco
Co-Investments: 3
Center of Aging and Brain Health Innovation
North America, Ontario, Canada, Toronto
Co-Investments: 1
SOSV
North America, New Jersey, United States, Princeton
Co-Investments: 4
Ontario Centres of Excellence
North America, Ontario, Canada, Toronto
Co-Investments: 2
BV
North America, Florida, United States, Miami
Co-Investments: 1
MatterScale Ventures
North America, New York, United States, New York
Co-Investments: 1
AS
North America, Arizona, United States, Tempe
Co-Investments: 1
Archangel Network of Funds
North America, Ontario, Canada, Kitchener
Co-Investments: 2
BuenTrip Ventures
South America, Pichincha, Ecuador, Quito
Co-Investments: 1

Which angels does Velocity often collaborate with?

DG
North America, New York, United States
Shared Deals: 1
DA
North America, Ontario, Canada, Toronto
Shared Deals: 1

What are some of recent deals done by Velocity?

Migranium

Toronto, Ontario, Canada

SaaS, Enterprise Software, AI, Integration, Software, Digital Health

AnalyticsArtificial Intelligence (AI)Enterprise SoftwareSaaSSoftware
GrantMar 4, 2025
Amount Raised: $15,000
runQL

Kitchener, Ontario, Canada

runQL is a smart query tool designed to assist data professionals in writing queries quickly.

Artificial Intelligence (AI)Software
Pre SeedNov 12, 2024
Amount Raised: $1,147,280
Able Innovations

Toronto, Ontario, Canada

Developing robotic medical devices to tackle the painful and inefficient problem of patient transfer in healthcare.

Computer VisionHealth CareMedical DeviceRoboticsSocial Impact
SeedJun 13, 2022
Amount Raised: $3,500,000
Hyivy Health

Kitchener, Ontario, Canada

HyIvy Health offers a pelvic rehabilitation device with trackable data for women recovering from pelvic diseases and surgeries.

Health CareHome Health CareMedicalMedical DevicemHealthPersonal HealthRehabilitation
Pre SeedJan 18, 2022
Amount Raised: $1,040,169
1Mentor

Kitchener, Ontario, Canada

1Mentor enables higher education and students to understand how the labour market is evolving and how to prepare for the future of work.

EdTechEducationHigher EducationUniversities
Pre SeedJan 1, 2022
Amount Raised: $700,000
Faire

San Francisco, California, United States

Faire is a marketplace and wholesale platform that helps retailers find and buy wholesale merchandise for their stores.

E-CommerceMarketplaceRetailRetail TechnologyWholesale
Series GNov 16, 2021
Amount Raised: $596,212,662
Ribbit

Toronto, Ontario, Canada

Cargo airline that uses self-flying planes to help businesses improve service levels and reach new markets

AerospaceAutonomous VehiclesLogisticsRoboticsTransportation
Pre SeedDec 16, 2020
Amount Raised: $1,000,000
Bakedin

Basingstoke, Hampshire, United Kingdom

Bakedin, a Basingstoke-based baking subscription service, provides premium home baking products featuring exclusive recipes by Michel Roux.

E-CommerceFood ProcessingLocal
SeedJul 2, 2020
Amount Raised: $841,470
NanoQuan

Kitchener, Ontario, Canada

NanoQuan develops and manufactures nanocomposite materials.

ManufacturingNanotechnologyReal Estate
SeedJul 16, 2018
Amount Raised: $120,000
FluidAI Medical

Kitchener, Ontario, Canada

FluidAI Medical is a Medical Device startup developing a solution to detect gastrointestinal leaks after surgical procedures.

Artificial Intelligence (AI)Health CareHealth DiagnosticsHospitalMedicalMedical Device
Pre SeedMar 14, 2017
Amount Raised: $560,000