Early-stage investors invested $29.4 million in Atlantic Canadian startups last year, according to a forthcoming report by the National Angel Capital Organization, or NACO, accounting for about 5 percent of angel funding nationally.
The 2022 Report on Angel Investing in Canada is slated for release in September and will show almost an order of magnitude increase in angel deals in the Atlantic provinces compared to the average over the past decade. The increase is thanks to changes in how NACO sources its data, CEO Claudio Rojas said in an interview.
NACO, which is an industry organization