Fonbnk, a US-based company that leverages the widespread penetration of billions of prepaid mobile SIM cards to enable interoperability between the Web3 internet and traditional fiat-based monetary systems, announced on Tuesday the closing of a $3.5 million seed round. Fonbnk allows anyone in Africa and other emerging markets that use prepaid mobile SIM cards to […]
Calgary, Alberta s Allied Venture Partners Confirms they ve Invested $1M+ into Early-Stage Tech Firms crowdfundinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from crowdfundinsider.com Daily Mail and Mail on Sunday newspapers.
Large deals fuelled Calgary’s healthy 2020, but Western Canada could have an early-stage funding problem
Although Calgary tech startups raised more venture funding through more deals in 2020 than in the year prior, a lack of early-stage deals could indicate a funding gap at this stage extending across Western Canada.
Hockeystick tracked four deals under $250,000 in 2019 and 2020, indicating an early-stage gap.
Hockeystick’s Calgary Tech Report looks at how the province’s tech ecosystem fared in terms of deals and dollars, with data sourced through exclusive partnerships with organizations like the Canadian Venture Capital and Private Equity Association (CVCA). Hockeystick also compiles data from startups using its platform, as well as public data sources.