3 minutes. 20 companies. $125,000 in funding. On Thursday, July 20th, the air will be electric, as ten teams pitch their startup to compete for one of four $25,000 prizes, plus a $10,000 hardware prize, during the $25K event of the Velocity Fund Finals, the University of Waterloo’s premiere pitch competition. This exciting event follows the morning’s Velocity Fund $5K competition, where a further $15,000 is awarded from among 10 additional teams. Each participant at the Velocity Fund Finals will have just 3 minutes to pitch their solution to a real-world problem to a panel of judges from the international investor community, and a packed audience of their peers in the Student Life Centre (SLC) at the University of Waterloo.
The Velocity Fund is held three times a year and awards $375,000 in equity-free funding to startups to help remove some of the barriers to building a business. Each term, numerous applications for the $25K competition are submitted by University of Waterloo students and recent alumni, and finalists are selected after an intensive interview that assessed the problem, solution, market, traction, and team fit.
Below are the Velocity Fund $25K finalists:
Altius Analytics Labs
Altius Analytics Labs is a health tech startup that helps occupational groups better manage musculoskeletal injuries.
Babylon VR is building a Saas platform that allow anyone to create interactive VR content in minutes and share it on the web.
Chasr Athletics builds smart athletic training systems that help coaches and teams to optimize their training techniques. The Chasr cone automatically times and paces athletes through their training drills while also collecting biometric data.
Dynalist is a painless way to organize all your notes.
EPOCH is a skills and services marketplace that connects refugees and community members, using time as a means of exchange.
Innovative Protein Technologies
IPT is a biotechnology company dedicated to developing eco-friendly crop protection products. Their first product, Frost Armour, protects crops against frost damage during the spring growing season.
NanoCnet has developed Nanosilvex, a highly flexible, conductive, and cost effective nanomaterial for use in conductive thin films, a key component of touch panels, displays, and wearable electronics.
Tricolops saves online retailers time and money through a seamless platform for dimensioning, packing, and shipping.
Vena Medical is making navigating through arteries faster, easier, and safer by providing physicians with a camera that sees through blood.
VivaSpire is making lightweight wearable machines that purify oxygen from the air, without the need for high pressure. Their non-flammable technology can be used in medical, automotive, and aviation fields, as well as for mountain exploration.
Please join us at the Velocity Fund Finals on July 20th to watch some great pitches from these companies as they compete for $125,000 in funding. Register here, or if you can’t make it, join in via live stream. The $5K competition will start at 11am and the $25K competition will start at 1pm. Some lucky audience members will also walk away with 1 of 5 VR headsets, and boxed lunches will be available for the first 200 attendees. This is not an event you want to miss!