Engineering startups again dominate Velocity Fund Finals!

Thursday, July 24, 2014

Four Engineering teams with great business plans and strong pitches swept the July Velocity Fund Finals. 

ExVivo Labs, Grobo, MAJiK Systems and Ubiq were awarded $25,000 each, and Ubiq received an additional $10,000 for best hardware startup. These teams move into the new Velocity Foundry incubation space at 25 Water Street South in Kitchener to further develop their products.

Holding leased sign in front of new Foundry

Startups compete three times a year for significant financial awards and the opportunity to develop in Velocity's coveted entrepreneurial hub.

In the next Velocity Fund Finals planned for November 27 Velocity will celebrate an impressive milestone of over $1 million awarded to support emerging entrepreneurs. 

Winners in the $25,000 category

ExVivo Labs Inc.

Promises to change the way allergies are tested by providing an alternative to existing skin prick methods used by allergists.

  • Moufeed Kadoura, 4A Honours Life Sciences
  • Eric Blondeel, Chemical Engineering doctoral candidate (2015)
  • Alexander Ip, Nanotechnology, master's graduate, 2014

Grobo

Offers an in-home gardening system that lets anyone grow a successful garden with a personalized app.

  • Bjorn Dawson, 3A Mechanical Engineering
  • Hannah Furlong, 4A Environment and Business
  • Chris Thiele, 3B Electrical and Computer Engineering

MAJiK Systems

Has developed real-time machine monitoring software to improve factory and manufacturer productivity.

  • Michael Tatham, Management Engineering, 2014
  • Adam Singer, Management Engineering, 2014
  • Jared Evans, Management Engineering, 2014
  • Kamal Aman, Management Engineering, 2014
  • Ben Kiefer, Mechatronics Engineering, 2014
  • Marieta Farova, 1B Computer Engineering

Ubiq

Is reinventing how presentations are delivered by allowing users to present from a wireless tablet or laptop.

  • Sumit Pasupalak, Software Engineering, 2013
  • Chang Sun, Electrical Engineering, PhD, 2014
  • Jeff Gao, 2A Electrical Engineering
  • Jay Kothapalli, MMath
  • Neeraj Raghuram, Mechanical Engineering, 2014
  • Michelle Dao, 4B Arts and Business
  • Vidit Aneja, MMath

[Velocity story: ExVivo, Grobo, MAJiK and Ubiq Just Won $25K]