The first half of 2022 was a strong period for Atlantic Canadian venture capital deals, buttressed by nearly record-breaking fundraising activity from Nova Scotia, according to data released Thursday by the Canadian Venture Capital and Private Equity Association, or CVCA.
The organization’s Canadian Venture Capital Market Overview found that East Coast startups raised $115 million in 21 deals in the period that ended June 30.
Nova Scotian startups booked 11 raises worth a combined $78 million — the province’s second highest number of deals ever for the first half and the highest