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Velocity Fund

Velocity Fund

Waterloo, Ontariouwaterloo.ca

Overview

Velocity Fund is a pre-seed and seed stage venture capital fund spun out of the University of Waterloo that invests in early-stage companies across the software, deep tech, and health tech sectors.

Year Founded

2019

Portfolio Companies

9

Investments

Velocity Fund investments
CompanyDateStageLead
TimeSmartAI Inc.Apr 2026Early FundingCo-investor
Versos AINov 2025SeedCo-investor
VoltraMay 2025Pre SeedCo-investor
Vessl ProstheticsJan 2025Pre SeedCo-investor
illumiSonics Inc.Mar 2024Early FundingCo-investor

Key People

Nargis Nigar

Project Manager and Principal Investigator

Lili Kwan

Project and Portfolio Manager

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersWaterloo, Ontario
Year Founded2019

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