Startups in the fields of biotechnology, energy and urban-air commuting were among the winners of the Velocity Fund Pitch Competition, as the University of Waterloo’s flagship entrepreneurship program brought its marquee event to downtown Toronto for the first time in its history.
The four winners, who each received direct equity investments worth $50,000, were chosen from a slate of 10 finalists who made their pitches in front of a soldout crowd at the Bram & Bluma Appel Salon in the Toronto Reference Library on Thursday night.
Cancer treatment could be dramatically improved by an invention at the University of Waterloo to precisely locate the edges of tumors during surgery to remove them.
The new imaging technology uses the way light from lasers interacts with cancerous and healthy tissues to distinguish between them in real-time and with no physical contact, an advancement with the potential to eliminate the need for secondary surgeries to get missed malignant tissue.
A team of recent University of Waterloo alumni is in the running for $1 million and business mentorship at the United Nations with a brand new startup it pivoted to in an English castle business accelerator last month.