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A Look at Recent NB Startup Data

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It would have been difficult for New Brunswick in 2019 to outdo its performance of 2018, especially in terms of funding.

The province in 2018 generated $84.7 million in equity funding, including three investment rounds worth more than $10 million each, by Sonrai Security, Introhive and Resson. Funding in 2019 fell by three-quarters, down to $19.5 million. It seems like a disappointment, but we should bear in mind that New Brunswick in 2019 recorded the fourth-highest level of funding of any year since 2011.

As we highlight the New Brunswick section of our 2019 Atlantic Canada Startup Data


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