Welcome!

News Feed Item

University of Waterloo Startups to Pitch Live for Velocity Funding

WATERLOO, ON--(Marketwired - July 17, 2014) - Ten University of Waterloo startup companies will pitch their businesses for a share of $100,000 in grant funding at the Velocity Fund Finals on Thursday, July 24. The rewards include four $25,000 prizes as well as workspace at Velocity.

The contenders come from diverse backgrounds spanning biotechnology, computer science, engineering, and nanotechnology. The companies are tackling current issues, such as more accessible vision care, health, food economics and efficient manufacturing.

"It's great to see a solid mix of hardware and software startups competing at the Velocity Fund Finals," said Mike Kirkup, director of Velocity. "These companies are not only competing for funding, they're also competing for workspace at the Velocity Garage for software companies, or the soon-to-open Velocity Foundry for hardware, materials and life sciences companies."

Code Connect is a plug-in for Microsoft Visual Studio that dynamically visualizes program control flow for developers as they code, making software development and design easier.

ExVivo is changing the way allergies are tested. Their product provides an alternative to existing skin prick methods by moving the reaction outside of a patient's body. This will give allergists a more rapid, safe and simple way to screen for allergies and offer patients results that are certain.

EyeCheck is a vision diagnostics solution involving a mobile app for taking photographs of the eyes, imaging equipment, and image processing algorithms that combined can provide a quick and inexpensive assessment of a patient's full prescription. It's ideal for making vision care accessible in regions around the world where it is otherwise not available or affordable.

Grobo is a personalized app-controlled in-home gardening system that lets anyone grow a successful garden at any time of the year, regardless of their experience level.

Localmotive is an online marketplace that facilitates the distribution and sales of locally produced food.

Maieutic is a programmable surface technology that can adjust topography at any time to monitor and correct defects in manufacturing.

MAJiK Systems is a web app for factory managers and machine operators to monitor the status, efficiency and problems of machines in real time.

Tempest Insight is a cloud tool that helps real estate developers determine what type of building to build and how to price them. Tempest does this by analyzing location-based data and generating statistical models.

Ubiq is reinventing the way presentations are given in enterprise organizations by allowing users to wirelessly present from their tablets or laptops to existing projectors and TVs in their meeting rooms.

Vitameter is a personal device that can inexpensively measure a user's vitamin levels. An accompanying app allows users to track their deficiencies and actively manage their diet.

To qualify as a finalist, each startup submitted a written proposal and presented a 3-minute pitch to a panel of judges from the Velocity community. The ten finalists now move on to the Velocity Fund Finals to present 3-minute pitches on-stage before a live audience and a second panel of judges from the business community.

The judges for the $25,000 competition include:

  • Tim Lee - Partner, Sequoia Capital
  • Ted Livingston - Founder and CEO, Kik (Velocity alumnus)
  • Karamdeep Nijjar - Venture Capitalist, iNovia Capital
  • Mike Stork - President, Stork Holdings

An additional ten entrepreneurs from the University of Waterloo will pitch their early-stage startup ideas for one of three $1,000 grants.

Velocity fosters entrepreneurship by providing early-stage startups with funding, free workspace, workshops, networking opportunities and access to mentors. Velocity takes no intellectual property rights or equity in return. 

Date: Thursday, July 24, 2014
Time: $1,000 competition starts at 11 a.m., $25,000 competition starts at 1 p.m.
Location: Student Life Centre - Great Hall, University of Waterloo, 200 University Avenue West, Waterloo, Ontario

About the University of Waterloo
In just half a century, the University of Waterloo, located at the heart of Canada's technology hub, has become one of Canada's leading comprehensive universities with 35,000 full- and part-time students in undergraduate and graduate programs. Waterloo, as home to the world's largest post-secondary co-operative education program, embraces its connections to the world and encourages enterprising partnerships in learning, research and discovery. In the next decade, the university is committed to building a better future for Canada and the world by championing innovation and collaboration to create solutions relevant to the needs of today and tomorrow. For more information about Waterloo, please visit www.uwaterloo.ca.

Attention broadcasters: Waterloo has facilities to provide broadcast quality audio and video feeds with a double-ender studio. Please contact us to book.

Image Available: http://www.marketwire.com/library/MwGo/2014/7/17/11G018374/Images/IMG_6821-774129491534.jpg

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
SYS-CON Events announced today that Technologic Systems Inc., an embedded systems solutions company, will exhibit at SYS-CON's @ThingsExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Technologic Systems is an embedded systems company with headquarters in Fountain Hills, Arizona. They have been in business for 32 years, helping more than 8,000 OEM customers and building over a hundred COTS products that have never been discontinued. Technologic Systems’ pr...
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
What if you could build a web application that could support true web-scale traffic without having to ever provision or manage a single server? Sounds magical, and it is! In his session at 20th Cloud Expo, Chris Munns, Senior Developer Advocate for Serverless Applications at Amazon Web Services, will show how to build a serverless website that scales automatically using services like AWS Lambda, Amazon API Gateway, and Amazon S3. We will review several frameworks that can help you build serverle...
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buyers...
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
@DevOpsSummit has been named the ‘Top DevOps Influencer' by iTrend. iTrend processes millions of conversations, tweets, interactions, news articles, press releases, blog posts - and extract meaning form them and analyzes mobile and desktop software platforms used to communicate, various metadata (such as geo location), and automation tools. In overall placement, @DevOpsSummit ranked as the number one ‘DevOps Influencer' followed by @CloudExpo at third, and @MicroservicesE at 24th.