ABK Raises US$30M VC Round

Halifax medical device maker ABK Biomedical Inc. has raised a record-setting US$30 million venture capital round, with which it hopes to bring two products to market.
The Series B round is equal to C$40 million, which is the largest venture capital round ever in Atlantic Canada. The record had been held by Fredericton-based cybersecurity outfit Sonrai Security, which closed a US$18.5 million