Startups and venture capital continue to climb and smash previous records locally and globally. According to Omers, nine of the top 25 Canadian tech exits ever have occurred since January of 2020.
Here in Atlantic Canada, we continue to see lots of momentum. In Q3 2021 there was a continued increase in net new jobs in the startup ecosystem in Atlantic Canada. The number of jobs increased by about 809, bringing the number of employed by the sector to 12,525. Year to date there have been a net new 1,994 jobs created in the startup sector, in comparison to only 654 in all of 2020.
Of the companies that I’m tracking 28% hired employees, 46% had no change and 26% had less staff than the beginning of the year.
There was some big news out of the region in Q3 2021:
- Regional News:
- Funding Announcements:
- Proposify raises $13m
- Kraken raises $10m
- Sparrow Biologic raises $3.25m
- Side Door closes $3m round
- Talkatoo closes round led by Klick Health
- Snorble raises 3/4 of $2m USD raise
- Colour Smith raises $2m
- Gray Wolf raises $1.2m
- 3D Planeta raises $1m+ round
- 3D Biofibr raises $700k
- Greenlight raises $300k
- Union.dev bags ACOA and IRAP funding
- VC Funding:
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Job Creation Champions: Top Tech Atlantic Canadian Employers
Sorted by net new jobs created