Atlantic Canadian startups booked a solid $64 million worth of capital raises in the first quarter of 2022, according to data released Tuesday by the Canadian Venture Capital and Private Equity Association.
It was the best fundraising quarter since last spring, with Atlantic startups raising $41 million in the fourth quarter of 2021 and a mere $10 million in the July-September period.
In the most recent quarter, Nova Scotia led the region with $42 million distributed among six deals — one of the province’s best ever first quarter results, tied with 2019. Meanwhile, four New Brunswick