There was good news and bad news for the Atlantic Canadian startup community in the funding data released last week by the Canadian Venture Capital and Private Equity Association, known as CVCA.
The good news: innovation companies based on the East Coast raised equity funding of almost $81 million in the first half of 2019. That total, which includes both venture capital and private equity, exceeds the record $76 million in equity funding from the first half of 2018.
The bad news: two deals accounted for about two-thirds of the first-half 2019 total, and other than these two companies, it