University of Waterloo Velocity Overview

  • Investor Type
  • Accelerator/​Incubator
  • Status
  • Active
  • Investments
  • 186
  • Portfolio
  • 137
  • Exits
  • 43

University of Waterloo Velocity General Information


Velocity is an entrepreneurship program at the University of Waterloo and the largest free startup incubator in the world. Velocity runs programs on the University campus and in the broader Waterloo region. There are no fees to the programs Velocity runs and it does not take any equity from startups.

Contact Information

Investor Status
Actively Seeking New Investments
Primary Investor Type
Primary Office
  • Velocity Start South Campus Hall, 2nd Floor
  • 200 University Ave West
  • Waterloo, Ontario N2L 3G1
  • Canada

University of Waterloo Velocity Investments (186)

Company Name Deal Date Deal Type Deal Size Industry Company Stage Lead Partner
Nicoya Lifesciences 17-Dec-2019 Later Stage VC 0000 Electronic Equipment and Instruments Profitable
0000000000 27-Mar-2019 000000000000 0000 Diagnostic Equipment Generating Revenue
000000 27-Mar-2019 000000000000 0000 Leisure Facilities Generating Revenue
0000000 0000000 13-Mar-2019 000000000000 Monitoring Equipment Generating Revenue
000000 17-Feb-2019 00000 000.00 Medical Supplies Startup
000000000 27-Nov-2018 00000 0000 Other Consumer Durables Startup 000 0000
000000000 27-Nov-2018 00000 00.000 Industrial Supplies and Parts Generating Revenue
00000 0000000000 27-Nov-2018 000000000000 0000 Electronic Equipment and Instruments Generating Revenue
IntelliCulture 27-Jul-2018 Accelerator/Incubator Business/Productivity Software Product In Beta Test
Hodlbot 25-Jul-2018 Accelerator/Incubator 0000 Financial Software Generating Revenue
You’re viewing 10 of 186 investments. Get the full list »
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University of Waterloo Velocity Exits (43)

Company Name Exit Date Exit Type Exit Size
Durata 14-Jan-2021 Out of Business
000000 06-Aug-2020 000 00 00000000
00000 30-Jun-2020 000000000000000000 00000
000000 (00000 0000 09-Dec-2019 0000000000
0000000 01-Dec-2019 000 00 00000000
000 (0000000000000 18-Oct-2019 000000000000000000
0000 (000000 00000 28-Sep-2019 000000000000000000
0000 0000 12-Sep-2019 000 00 00000000
Aalo 01-Aug-2019 Out of Business
Babylon VR 01-Aug-2019 Out of Business
You’re viewing 10 of 43 exits. Get the full list »

University of Waterloo Velocity Investments by Industry, Year, and Region

Investments by Industry

Investments by Year

Investments by Region

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University of Waterloo Velocity Team (6)

Name Title Deals Funds Boards Office
Jay Shah Director 0 0 0 Waterloo, Canada
Mike Kirkup Director 0 Waterloo, Canada
Vanessa Thomas Programs Manager Waterloo, Canada
Nancy Heide Associate Director Waterloo, Canada
Paul Salvini Ph.D Associate Vice President, Research Commercialization 00 London, United Kingdom
You’re viewing 5 of 6 team members. Get the full list »

University of Waterloo Velocity Co-Investors (5)

Name With Exits Lead Partner Series Industry
Garage Capital 1 Series chart Industry bar
Laurier Startup Fund 0 Series chart Industry bar
MaRS Investment Accelerator Fund 0 Series chart Industry bar
Velocity Garage 0 Series chart Industry bar
Whitecap Venture Partners 0 Series chart Industry bar
To view University of Waterloo Velocity’s complete co-investors history, request access »