Funded Startups in Prince Edward Island
Across the 9 most recent funded startups in Prince Edward Island, one disclosed round stands out: BioVectra’s $40M grant (2021-11-18).
Across the 9 most recent funded startups in Prince Edward Island, one disclosed round stands out: BioVectra’s $40M grant (2021-11-18). Every other disclosed amount shown is $14M or below (next-largest is CNPC POWDER’s $14M on 2023-10-18; then PayTic’s $4M on 2025-04-08), making BioVectra a clear outlier on disclosed size.
The list clusters heavily in Charlottetown: 7 of 9 entries are based there, with the remaining two split across Mount Stewart (Agyle Intelligence, 2022-11-01) and the same Charlottetown base throughout the top dates. Temporally, activity spans 2021-11-18 through 2025-04-08, with 3 rounds in the last 6 months shown (PayTic on 2025-04-08, SpryPoint on 2025-03-07, and Pegasus Biotech on 2025-01-06). Sector-wise, biotechnology appears 2 times, while “Series Unknown” appears 4 times and “undisclosed” appears 1 time (total 5 entries without a disclosed round amount).
Most recent rounds
9 shownRelated listings
Frequently asked
What’s the largest disclosed round in this Prince Edward Island set, and is it close to the rest?
BioVectra’s $40M grant on 2021-11-18 is the largest disclosed amount and dwarfs the next-largest disclosed round, CNPC POWDER’s $14M on 2023-10-18; the remaining disclosed amounts shown sit at $4M or below (e.g., PayTic $4M on 2025-04-08, Pegasus Biotech $2M on 2025-01-06).
Do rounds cluster in a specific city within the dataset?
Yes. Charlottetown accounts for 7 of 9 entries, including the most recent (PayTic on 2025-04-08; SpryPoint on 2025-03-07; Pegasus Biotech on 2025-01-06). The two exceptions are Mount Stewart (Agyle Intelligence, 2022-11-01) while the rest are listed as Charlottetown.
Which entries fall into the most recent 90-day window shown?
Two rounds are within roughly the last 90 days of the most recent date (2025-04-08): PayTic ($4M, 2025-04-08) and SpryPoint (undisclosed, 2025-03-07). Pegasus Biotech (2025-01-06, $2M) is older than that window but still near the top of the list.
What stage labeling pattern dominates, given that many amounts are not disclosed?
“Series Unknown” appears in 4 of 9 entries (SpryPoint on 2025-03-07; Pegasus Biotech on 2025-01-06; Three Hippies on 2023-10-05; Propel on 2023-05-16; plus Agyle Intelligence on 2022-11-01 makes it 5 entries total with unknown stage among the shown rows). Separately, “undisclosed” appears once for SpryPoint (2025-03-07), and only CNPC POWDER (Series A, $14M on 2023-10-18) provides a clearly labeled stage with a large disclosed amount.
Are there clear outliers besides BioVectra’s size, either by sector or by amount?
Besides BioVectra’s $40M grant (2021-11-18) as a size outlier, the smallest disclosed amount is Agyle Intelligence’s $10K on 2022-11-01. Sector distribution is also uneven: biotechnology appears in 2 entries (Pegasus Biotech $2M on 2025-01-06; BioVectra $40M on 2021-11-18), while several other sectors (Financial Services, Manufacturing, Natural Resources, Information Technology, Commerce and Shopping) appear once each.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.