Atlantic Canada’s ocean technology sector is growing faster than ever, but Entrevestor’s 2020 Startup Data Survey shows possible trouble ahead on the funding front.
Although just a few years old, the segment has already achieved a degree of international reach unusual in the Atlantic provinces. Companies from other countries often attend the CDL Oceans accelerator and participate in the Oceans Startup Project, overseen by a number of organizations, including Canada’s Ocean Supercluster.
Provincial venture capital Crown corporation Innovacorp, meanwhile, now offers programming specifically