# University of Waterloo

> University of Waterloo is a VC fund backing Software and Health Care. See 16 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Waterloo, Canada
- Total investments: 16
- Last investment: Jun 2023
- Lead investor: 19%
- Fund size: $1.3M
- Last fund: Feb 2020
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/edu/university-of-waterloo-10875
- X (Twitter): http://twitter.com/uWaterloo
- Website: https://uwaterloo.ca
- Facebook: https://www.facebook.com/university.waterloo/

University of Waterloo is a public research university that operates colleges which offer undergraduate and graduate programs. It was founded in 1957 and is based in Waterloo, Ontario.

## Contacts

5 contacts available for University of Waterloo. Shizune tracks 12 team members at University of Waterloo. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/university-of-waterloo?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 3 | 19% |
| Health Care | 2 | 13% |
| Nanotechnology | 2 | 13% |
| Information Technology | 2 | 13% |
| Beauty | 1 | 6% |

28 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 6 | 38% |
| Seed | 1 | 6% |
| Pre-Seed | 1 | 6% |
| Series A | 1 | 6% |
| Funding Round | 1 | 6% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Fakhri Karray | University Research Chair Professor in the field of Intelligent Systems | 0 | https://shizune.co/investors/profile/dr-fakhri-karray |
| Sebastian Fischmeister | Associate Professor | 0 | https://shizune.co/investors/profile/sebastian-fischmeister |
| Blair Feltmate | Associate Professor | 0 | https://shizune.co/investors/profile/blair-feltmate |
| Ihab Ilyas | Professor | 1 | https://shizune.co/investors/profile/ihab-ilyas |
| Jean-Christophe Petkovich | PhD Student | 0 | https://shizune.co/investors/profile/jean-christophe-petkovich |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Palitronica | Palitronica is a network security provider. They serve the defense, energy, communications, transportation, and healthcare sectors. It provides revolutionary and unprecedented protection against counterfeit, fraudulent, and suspect items, ranging from single components to entire assemblies and systems. | $50K | Grant | Jun 21, 2023 |  |
| FluidAI Medical | FluidAI Medical is a medical platform company at the forefront of revolutionizing global patient care, leveraging the transformative power of artificial intelligence in post-operative recovery. | $559.2K | Grant | Apr 29, 2022 |  |
| Lumaki Labs | Lumaki Labs is an EdTech startup that creates software tools to help companies and schools unlock the potential of virtual internships |  | Grant | Oct 08, 2020 |  |
| EXO Insights | EXO Insights is a Canadian deep-tech company specializing in Human Performance Intelligence and Biometric Analytics for high-risk, mission-critical environments. Its flagship platform, BioTwin®, transforms training and operational review in sectors such as Defence, Nuclear Energy, Aviation, and Emergency Response — providing commanders,instructors, and safety leaders with objective, data-driven insights on human performance, cognitive load, and situational awareness.Founded in 2016 and headquartered at the University of Waterloo’s innovation ecosystem, EXO Insights integrates AI analytics, digital twins, and biometric sensors within real-world and simulator-based training. The company’s solutions are deployed in Live, Virtual, and Constructive Training (LVCT) environments and are validated through field projects with: - The Government of Canada - Ontario Power Generation (Darlington Control Room Training) - BWX Technologies (Nuclear Inspection Training) - Babcock International (Immersive Training Integration – BITE) - ITPS Canada (Pilot and Tactical Training) - University of Waterloo (Human Factors and Vision Science Research)EXO Insights is supported by the National Research Council of Canada – IRAP, and has successfully completed government-validated demonstrations under the Innovative Solutions Canada Testing Stream. The company’s IP portfolio includes a U.S., Canadian and European patents (US 18/360,410) covering its unique method for synchronizing biometric, spatial, and visual data within 3-D digital twins.Industry Tags: AI Analytics · Digital Twin · Biometric Intelligence · DefenceTech · Training & Simulation · Human Factors · AR/VR · Industrial SafetyHeadquarters: Waterloo, Ontario, Canada Employees: 10–20 TRL Level: 8-9 (Field-validated) Certifications: CSA / FCC compliant hardware; GDPR / PIPEDA data protection; ballistic-certified smart glasses for operational safety. | $22K | Grant | Jun 21, 2020 |  |
| Nicoya Lifesciences | Nicoya is a provider of advanced analytical instruments for the biotechnology and pharmaceutical industries. | $7.3M | Series A | Jan 14, 2020 |  |
| IntelliCulture | IntelliCulture provides a farm management solution that helps to prevent pest outbreaks, improve labor efficiency, and automate machine management. The mission of IntelliCulture is to provide clients with technology that keeps their businesses competitive. IntelliCulture collects data from agricultural equipment and analyzes it to provide insights. | $35K | Pre-Seed | Sep 01, 2018 |  |
| FluidAI Medical | FluidAI Medical is a medical platform company at the forefront of revolutionizing global patient care, leveraging the transformative power of artificial intelligence in post-operative recovery. | $12K | Grant | May 01, 2018 |  |
| Nicoya Lifesciences | Nicoya is a provider of advanced analytical instruments for the biotechnology and pharmaceutical industries. | $2M | Seed | Jan 29, 2018 |  |
| HealthIM | HealthIM Provides police with an intelligence driven system to prevent crisis and reduce risk when supporting persons with mental illness. | $44K | Grant | Nov 01, 2015 |  |
| Suncayr | Suncayr has developed a colour changing sticker that tells you when your sunscreen is no longer protecting you. The sticker, "SPOT", is is put directly on the skin, and then sunscreen is applied to your whole body. When your sunscreen is protecting your skin from UV, the sticker is clear, but when your skin becomes exposed to UV, thesticker changes to purple. This will give you and your family the confidence to safely enjoy the sun! | $44K | Grant | May 01, 2015 |  |

10 of 16 investments shown.

## Co-investors
- [MaRS Investment Accelerator Fund](https://shizune.co/investors/profile/mars-investment-accelerator-fund) — VC Fund, 3 deals together
- [Accelerator Centre](https://shizune.co/investors/profile/accelerator-centre) — VC Fund, 2 deals together
- [Garage Capital](https://shizune.co/investors/profile/garage-capital) — VC Fund, 2 deals together
- [Laurier Start-up Fund](https://shizune.co/investors/profile/laurier-start-up-fund) — VC Fund, 2 deals together
- [Angel One Network](https://shizune.co/investors/profile/angel-one-network) — VC Fund, 1 deal together
- [BDC](https://shizune.co/investors/profile/bdc-2) — VC Fund, 1 deal together

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- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund

## FAQ

### What does University of Waterloo invest in?

University of Waterloo invests primarily in Software, Health Care and Nanotechnology startups, most often at Grant and Seed stage. Most of the 16 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact University of Waterloo?

Public channels for University of Waterloo include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at University of Waterloo?

The team at University of Waterloo includes Fakhri Karray (University Research Chair Professor in the field of Intelligent Systems), Sebastian Fischmeister (Associate Professor) and Blair Feltmate (Associate Professor), among 12 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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