More than $50 million has flowed into the Atlantic Canadian innovation sector in April, and we still have a week to go before the month ends.
We’ve been scrambling to keep up with all the investment news this month, which we think is unprecedented in the region. We’ve reported on seven multi-million-dollar rounds, and although some figures were withheld we believe the funding totalled more than $42 million.
On top of that, Carboncure Technologies was named a winner of the Carbon XPRIZE, bringing home a prize of US$7.5 million, or C$9.4 million. And for good measure, Zorbit's Math of St.