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False Assumption: The Reason Why It’s Not Always Cheaper To Launch a Startup in Atlantic Canada

By: 18th November 2015 Strategy No Comments

  One of our unquestioned assumptions when we closed the Build Ventures’ fund in 2013 was that launching a startup in Atlantic Canada was cheaper than doing it in other parts of Canada or the United States. Our location, at least in this respect, was thought to be a competitive advantage. There are certainly challenges to building a company here given the early stage of our ecosystem, but we thought we had the core ingredients: lots of smart entrepreneurial people and an environment which allowed those people to get more done with less.  The key cost driver at the early…

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Affinio Sees $4 Million Series A Round

By: 3rd November 2015 Portfolio, Press Release No Comments

At Build Ventures we are excited to see the continued progress of Affinio, a marketplace intelligence company based in Halifax, Nova Scotia. Build Ventures was an early investor in Affinio and today we are part of the company’s Series A round. Here is the press release announcing the news: Innovative Content Tech Continues Hot Streak with $4m Investment in Affinio Deep-learning based social-affinity startup will focus on global growth and continued R&D HALIFAX, Nova Scotia, November 2, 2015 – Affinio, a fast-growing marketing intelligence platform, today announced a Series A investment of $4 Million, led by venture fund Whitecap Venture…

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The State of #StartupEast: A Wave is Forming

By: 21st October 2015 Strategy No Comments

The September event calendar for our Atlantic Canadian Tech community was jammed packed as usual. A few weeks ago the new team at Propel ICT held their Demo Day in Moncton featuring 12 companies on stage from the 33 companies that went through the Launch and Build programs. A few days later Volta held their second Startup Empire conference in Halifax. Both events were electric. Demo Day showed that Gerry Pond’s vision of a truly Atlantic Canada-wide startup community is becoming a reality, with strong representation from throughout the region. Propel ICT delivers its program through Planet Hatch in Fredericton,…

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