It seems obvious there is only one story for a 2019 year-end wrap-up for the Atlantic Canadian startup community.
It’s Verafin.
In September, the St. John’s company whose software helps financial institutions combat fraud and money laundering announced that it had raised $515 million in equity and debt financing. It was the largest venture capital deal ever by a Canadian company.
Yes, we could write about Halifax-based ABK Biomedical’s US$30 million (C$40 million) VC funding, the largest ever for an Atlantic Canadian life-sciences company. Or Fredericton’s Introhive claiming 10th place in