Though missing out on the bonanza of mega-deals, Atlantic Canada recorded one of its best years ever last year in raising venture capital, according to the Canadian Venture Capital & Private Equity Association.
The CVCA released its 2021 data report on Tuesday, showing that Atlantic Canadian startups raised $256 million in 55 deals. Almost half the money was raised in New Brunswick, which benefited from the biggest East Coast deal of the year – Introhive’s US$100 million (C$122 million) round in June.
That round was the only Atlantic Canadian mega-deal (a round of more than $50 million) in