GrowthWorks Funds 3 NB Firms
Fresh off a new investment in Newfoundland, GrowthWorks Atlantic Venture Fund has invested $1.75 million in three companies nestled in the bustling tech community of Saint John.
GrowthWorks announced Tuesday it has invested $1.1 million in Enovex Technology Ltd., $400,000 in Spinzo Corp. and $250,000 in MedRunner Health Solutions Inc. The funding announcement comes hot on the heels of the labour-sponsored venture fund leading a $750,000 funding round by Adfinitum, the St. John’s-based advertising data bank.
“The fund is delighted to announce it has invested nearly two million dollars in