Six months into 2021, New Brunswick startups have already blown past their fundraising totals from previous years, with at least $136 million of capital raised.
Most of that money comes from Introhive’s record-breaking C$122 million Series C funding round, announced Wednesday -- the largest in the province’s history and one of the largest ever in Atlantic Canada. As well as the Introhive deal, the Canadian Venture Capital & Private Equity Association has said New Brunswick accounted for $14 million in the first quarter.
For New Brunswick Innovation Foundation Director of Investments