Funded Startups in Newfoundland
The largest disclosed funding in this set is Altius Renewable Royalties at $26M (2022-12-01), which materially dwarfs the rest of the disclosed amounts sho…
The largest disclosed funding in this set is Altius Renewable Royalties at $26M (2022-12-01), which materially dwarfs the rest of the disclosed amounts shown, where the next-highest disclosed figures sit far lower (e.g., CoLab Software at $15M on 2025-10-19 and Mysa at $8M on 2024-10-02). Disclosures are also stage-skewed and not just size-skewed: 10 of 18 entries are labeled “Series Unknown,” and “undisclosed” appears 4 times (Quadrangle on 2025-02-20; SiftMed on 2023-10-05; North Star Payroll on 2023-08-22; Nucliq Biologics on 2023-08-22; plus three more “undisclosed” entries on 2022-09-15). Geographically, the list is overwhelmingly concentrated in St. John’s (16 of 18 rows), with Clarenville represented by SubC Imaging ($40K) and Paradise by Quadrangle (undisclosed).
Timing shows two edges: the most recent row is CoLab Software on 2025-10-19 ($15M), while the oldest is BreatheSuite on 2021-01-14 ($900K). Several rounds cluster in 2023 and 2022, including multiple dates in 2022-09-15 (four non-equity assistance entries: Granville Biomedical, HYKE, Oliver POS, and Txtsquad). Sector-wise, Consumer Electronics appears repeatedly (CoLab Software, Avalon Holographics, Notus Electronics, SubC Imaging), forming a clearer theme than most other sectors, each of which appears only a few times.
Most recent rounds
18 shownRelated listings
Frequently asked
What is the largest disclosed round in this Newfoundland list, and how does it compare to the next-largest disclosed amounts?
Altius Renewable Royalties’ $26M disclosed amount (2022-12-01) is the largest in the visible rows, and it materially dwarfs the rest of the disclosed figures. The next-largest disclosed entries are CoLab Software at $15M (2025-10-19) and Mysa at $8M (2024-10-02), with several others clustered far below those levels.
Is funding concentrated in a specific place, or does it spread across multiple Newfoundland cities?
St. John’s dominates the geography, appearing in 16 of 18 rows, covering companies from CoLab Software ($15M, 2025-10-19) to BreatheSuite ($900K, 2021-01-14). Outside St. John’s, Clarenville shows up only once (SubC Imaging, $40K on 2023-04-03) and Paradise shows up only once (Quadrangle, undisclosed on 2025-02-20).
Do the most recent rounds cluster within a narrow time window?
The rows shown span 2021-01-14 to 2025-10-19, and the most recent date is CoLab Software on 2025-10-19. Within the newest slice, the page shows multiple 2025 rounds (CoLab Software on 2025-10-19; atlantiq AI on 2025-05-13; Quadrangle on 2025-02-20), but the broader density is more visible in 2023 and 2022, including four non-equity assistance entries all dated 2022-09-15.
What stage labeling pattern stands out, especially around “Series Unknown” and “undisclosed” amounts?
Stage and amount disclosure are uneven: 10 of 18 entries are tagged “Series Unknown.” Amounts marked “undisclosed” occur 4 times (Quadrangle on 2025-02-20; SiftMed on 2023-10-05; North Star Payroll on 2023-08-22; Nucliq Biologics on 2023-08-22), while several 2022-09-15 entries are also non-equity assistance with undisclosed amounts (Granville Biomedical, HYKE, Oliver POS, Txtsquad).
Are there sector clusters that repeat more than others in this list?
Consumer Electronics appears repeatedly, with CoLab Software ($15M, 2025-10-19), Avalon Holographics ($100K, 2023-09-06), Notus Electronics ($100K, 2023-04-03), and SubC Imaging ($40K, 2023-04-03). Other sectors like Health Care and Data and Analytics show up multiple times, but none are as consistently represented as Consumer Electronics across both high and lower disclosed amounts.
Are there outliers that look structurally different from the rest of the set (by sector, stage, or size)?
Yes: Altius Renewable Royalties’ $26M (2022-12-01) is a size outlier versus most other disclosed rounds, while several other entries cluster in the “non-equity assistance” category on 2022-09-15 (Granville Biomedical, HYKE, Oliver POS, Txtsquad) with undisclosed amounts. At the other end, BreatheSuite’s $900K (2021-01-14) sits near the lower disclosed range compared with later entries like trophi.ai at $550K (2024-01-04) and First Light at $420K (2024-03-26).
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