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Velocity is opening a lab equipped by healthtech giant PerkinElmer

PerkinElmer, a Waltham, Mass.-based, lab equipment giant, is giving up to $2 million in testing devices for a new lab at the University of Waterloo’s Velocity Garage incubator, the first time the incubator has housed a corporate lab within its space.

Velocity hopes that giving startups access to generally inaccessible lab equipment will help it attract more deep tech startups.

In the last five years, Velocity has become a hub for those kinds of startups, whose products —which include medical devices, wearables and roboticsrequire long periods of research and development before being commercialized, and access to pricey equipment for testing.

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