Region’s Funding Hit $10M Last Week
Like many journalists, I pay more attention to fundraising by startups than I should, but it’s hard not to sit up and take notice when we had a week like last week.
Four Atlantic Canadian startups announced that they raised a total of $10 million, the lion’s share coming from an $8 million investment in AioTV by a Chinese tech company. That’s a lot of money for one week. And then this week the investment rose again when LeadSift said it raised $635,000 from OMERS Ventures and several angels.
Consider the funding of companies in the region two years ago. Data from Thomson Reuters show