Velocity, a corporate investor based in Waterloo, Canada, specializes in funding early-stage tech startups. The company typically invests in rounds with 1-2 participants and has strong ties to institutions such as the University of Waterloo and Creative Destruction Lab. With a preference for investments in the Internet and Manufacturing industries, Velocity has a track record of being less likely to exit investments compared to other organizations. It is known for its grant program, the Velocity Fund, which provides equity-free funding to local startups. Additionally, Velocity offers various resources and support programs, including the Velocity Garage incubator, Velocity Start workspace, and Velocity Science partnership with the University of Waterloo Faculty of Science.