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Build Ventures (Atlantic Seed/Series A)

Build Ventures · Private

In plain language

Halifax-based VC with an Atlantic Canada mandate. Invests $1.5M–$3M at seed and pre-Series A in ICT/tech companies across the four Atlantic provinces. Currently raising Fund II (targeting ~$60M). For NL tech founders, Build is one of the few larger-ticket Atlantic leads available — typically comes in after pre-seed from Pelorus or Concrete Ventures. Useful as a Series A partner if you have $1M+ ARR and need a real check. Dilutive by nature — not a grant. They're selective: expect a long diligence process.

Realistic range
$1,500,000 – $3,000,000
Avg award
$2,000,000
Max advertised
$3,000,000
Cost share
Accessibility
2 / 5
Effort
4 / 5
Deadline
Continuous intake
Repayable?
Yes

Who qualifies

Entity types
Incorporated
Sectors
Technology
Regions
NL Wide
Demographics prioritized
None specifically

What you'll have to report

Board seat; quarterly reporting; annual audit; milestone reporting; customary VC covenants.