Ceragen, Scribenote andH2nanO expand their foot print and open their own office and lab spaces in the Waterloo region. They join the likes of numerous Velocity founders.
Velocity photography by Suleyman Begenjov and Will Muir. Photograph of Vivek Goel courtesy of the University of Waterloo. Photograph of Mayor Berry Vrbanovic courtesy of the City of Kitchener. Photograph of Iyinoluwa Aboyeji courtesy of Future Africa. Photograph of Phantom Photonics courtesy of the Institute for Quantum Computing.
The health startups featured in this report have received financial support from the Government of Canada as part of a $10-million investment, through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), in the Southwestern Ontario Health Innovation Partnership (SOHIP). Velocity’s lead role in this initiative has been instrumental in providing support for aspiring and established health tech entrepreneurs.
Data presented are from the 2022-23 fiscal year and investment figures are reported in Canadian dollars (CAD$).