2013’s Big Story: Institutional Capital
Robert Niven walked into the CarbonCure Technologies holiday party earlier this month with an expression that was equal parts elation and weariness. Not only had the company’s Founder and CEO spent the week closing a few sales deals, he had also announced a $3.5 million round of financing led by BDC Venture Capital to fund R&D and expand its sales team.
The Halifax cleantech company, which is pioneering a low-carbon process of manufacturing concrete products, was part of a healthy trend that developed in the Atlantic Canada startup community in 2013 – a growing flow of institutional money