Transplant startup takes home $35,000 at Velocity Fund Finals
Second time's a charm for returning competitor A-Line Orthopaedics.
Second time's a charm for returning competitor A-Line Orthopaedics.By University Relations
A-Line Orthopaedics, a company developing implants for safer and faster surgeries, was one of the four big winners at the 21st staging of the Velocity Fund Finals (VFF) held at the University of Waterloo.
Velocity, which this year celebrates its 10th anniversary, is a comprehensive entrepreneurship program at Waterloo providing the resources and mentorship to help founders initiate and incubate high-growth startups.
A-Line Orthopaedics, founded by Tim Lasswell, who earned a Masters in Mechanical Engineering from Waterloo in 2017 and his partner Parham Rasoulinejad, have been designing minimally invasive implants for spinal surgeries.
In addition to winning one of the grand prizes of $25,000, A-Line Orthopaedics also copped the top hardware company prize, worth $10,000.
A-Line Orthopaedics started out as part of Lasswell’s master’s thesis at Waterloo in 2016. He entered the VFF $25K pitch competition last fall but was not among the winners, only to return and claim top prize in the winter staging as the team focuses on commercialization.
The University of Waterloo acknowledges that much of our work takes place on the traditional territory of the Neutral, Anishinaabeg and Haudenosaunee peoples. Our main campus is situated on the Haldimand Tract, the land granted to the Six Nations that includes six miles on each side of the Grand River. Our active work toward reconciliation takes place across our campuses through research, learning, teaching, and community building, and is co-ordinated within the Office of Indigenous Relations.