Velocity Fund
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.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| MedMe Health | Jun 2020 | Grant | Co-investor |
| NanoCnet | Dec 2017 | Grant | Co-investor |
| Versos AI | Nov 2025 | Seed | Co-investor |
| Encircle | - | Accelerator | Co-investor |
| Spectra Plasmonics | Nov 2020 | Pre Seed | Co-investor |
For institutional investors. Book with your work email.
Key People
CRSP Ola Olayinka
Health Safety Environment Systems & Compliance Partner
Andrea Edginton
Hallman Director, School of Pharmacy, Professor
Chris Eliasmith
Professor, Founding Director of the Centre for Theoretical Neuroscience
Nargis Nigar
Project Manager and Principal Investigator
Lili Kwan
Project and Portfolio Manager
For institutional investors. Book with your work email.
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Velocity Fund based?
Velocity Fund is headquartered in Waterloo, Ontario, Canada.
When was Velocity Fund founded?
Velocity Fund was founded in 2019.
How many portfolio companies does Velocity Fund have?
Velocity Fund has 10 portfolio companies in Caplight's dataset.
What are some companies in Velocity Fund's portfolio?
Portfolio companies visible on Caplight include MedMe Health, NanoCnet, Versos AI, Encircle, Spectra Plasmonics.
What was Velocity Fund's most recent investment shown here?
Velocity Fund's most recent investment in this portfolio sample was in Versos AI in 2025.
What sectors does Velocity Fund focus on?
Velocity Fund focuses on Healthcare & Life Sciences, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Frontier & Industrial Tech, Healthcare & Life Sciences, Energy & Sustainability, Enterprise Software, Enterprise Software, Enterprise Software, Real Estate & PropTech, Enterprise Software, Healthcare & Life Sciences, Media, Entertainment & Gaming, Frontier & Industrial Tech, Frontier & Industrial Tech, Energy & Sustainability, Frontier & Industrial Tech.
What company stages does Velocity Fund focus on?
Velocity Fund typically invests at the Early stage.