In its second Atlantic Canadian deal in a week, Arlene Dickinson’s District Ventures Capital has invested in Fredericton-based manufacturing company Vertiball, whose product helps ease back pain.
The Calgary-based investment group headed by Dickinson issued a statement on Tuesday saying it had closed the investment in the company, though it did not reveal the size of the investment.
When Vertiball appeared on the CBC show Dragons’ Den last year, Dickinson agreed to invest $420,000 in return for a 17 percent stake. Now her fund has closed the deal, though there is no indication of whether