Four businesses have collected $37,000 in equity funding each from a micro-VC fund established by University of Waterloo’s Velocity unit in support of the Velocity Fund Finals competition.
Velocity, the entrepreneurship program of University of Waterloo, has made four equity investments of C$50,000 ($37,000) from its angel fund in the winners of its Velocity Fund Finals (VFF) competition, Betakit has reported.
Canada-based radiology interface developer ClearVoxel was crowned as a winner in the contest together with construction 3D imaging platform creator Glove Systems, construction media management software company SiteVue and travelling social networking service Tugolo.
ClearVoxel will invest the money in product validation in mammography and…
