For Immediate Release:
November 3, 2021

(ST. JOHN’S, NL) – econext is extending a congratulations to one of its members this morning following a major investment announcement.

Mysa announced today the closing of a $20.3 million Series B equity funding round which will help the company develop new products and services and expand its international marketing and distribution channels.

Related:

• Mysa Announces $20.3 Million in Series B Fundraising

“We are very proud of what Mysa has been able to accomplish,” said Kieran Hanley, econext’s Executive Director. “The fact that this company, in a relatively short period of time, has grown from its two co-founders to employing a diverse team of 96 and growing… is nothing short of inspiring.”

Hanley said that Mysa is helping to show entrepreneurs and startups in Newfoundland and Labrador that there is no limit to what they can achieve. “This province’s technology sector is thriving, and as we move towards a cleaner economy the opportunities in front of cleantech developers will be substantial.”

Hanley noted that Mysa has helped to give back to the community even during times of accelerated growth – becoming the first business in Newfoundland and Labrador to achieve carbon neutrality and representing the cleantech sector at-large through support of econext.

econext is an association of businesses that accelerates clean growth in Newfoundland and Labrador. econext works on behalf of over 200 members to foster environmentally sustainable economic development. More information can be found at https://econext.ca.

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Media Contact
Kieran Hanley, Executive Director, econext
kieran@econext.ca

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