Velocity Fund

Velocity Fund is a pre-seed investment fund spun out of the University of Waterloo, dedicated to supporting world-changing companies at their earliest stages. The fund focuses on ambitious founders in the software, deep tech, and health tech sectors. Velocity Fund provides early-stage investments, often referred to as 'nimble cheques,' and offers no-nonsense advice, connections to a highly successful incubator, and access to a world-class network of alumni. The fund aims to make the fundraising process fast and transparent, providing founders with the necessary connections, business expertise, and community support to succeed. Velocity Fund's portfolio includes companies that have collectively created over $24 billion in equity value, including unicorns like Applyboard, Andela, and Faire. The fund operates by identifying promising startups, investing in them at the pre-seed stage, and supporting their growth through strategic guidance and networking opportunities.

Keywords: pre-seed, investment, startups, software, deep tech, health tech, fundraising, incubator, alumni network, equity value.