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…

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…