The thing that stood out in Prince Edward Island’s startup community in 2019 was the big deals, especially in the Island’s vaunted life sciences sector. Led by the PEI BioAlliance, life sciences has long been a strength on PEI and in 2019 it produced transactions that brought in capital for the biotech community.
There were several deals involving BioVectra, MicroSintesis and the Centre for Aquaculture that have supported growing operations on the Island. There were also smaller funding rounds that rounded out a strong year of growth.
P.E.I. Startup Metrics 2019
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