Velocity Fund

By mmuise
Description:

Velocity Fund is Velocity’s pre-seed fund which invests in software, hardware, deep tech and med tech companies. The Velocity Fund invests in early-stage (pre-seed, seed) companies.


Comments on Funding:

Funding takes the form of investments with minimum of $25,000 to $250,000.
The Velocity Fund currently invests using the YC SAFE: MFN, no Valuation Cap, no Discount.

Deadline: Temporarily closed and will re-open in January 2024.
Eligibility:
  • Applicants must be in early-stage (pre-seed, seed) companies.
  • Applicants do not need to have any affiliation to the University of Waterloo to be considered for investment.
Application Steps:

Applicants must:

1. complete the Velocity incubator application form;

2. participate in a screening interview, if invited.

If chosen to qualify for the Velocity Fund, applicants will receive an email notifying them of acceptance and next steps.

Documentation Needed:

Applicants must submit a completed application form and upload a copy of their pitch deck.

Other Things to Note:

They are looking for investors to invest with them.

About the author
mmuise