2023 Funding Marked by Stealth Deals, Weak Angel Activity
Stealth funding deals proliferated in Atlantic Canada in 2023, while angel investment reached its lowest ebb in at least eight years.
Those are among the findings of Entrevestor’s 2023 Atlantic Canada Startup Data Report, with the unannounced stealth rounds emerging as a widespread phenomenon in the region for the first time. Of the 34 funding rounds worth over $1 million last year, 10 were