Velocity Science launches
Veriderm (formerly NewAllergy Technologies), led by Eric Blondeel and Moufeed Kaddoura, won $2,000 in funding last month from the Velocity Fund Finals. The project was voted ”Most Innovative” by judges and “Crowd Favorite” by the audience. Veriderm’s solution to painful, risky and inconclusive allergy testing is a small skin patch that quantitatively measures allergic reactions without discomfort to the patient.
Velocity Science debuted this year with their first meeting in January and a new lab space this month. The newest Velocity program at Waterloo aims to help students develop and test their lab-based startup ideas like Veriderm’s allergy skin patch. When an idea resonates, students can form a group, and Velocity Science is there to help find the necessary scientific material and financial support.