PEI Bio Sector Aims for 4X Growth
The PEI BioAlliance has released its 2021-25 Strategic Plan, setting in motion its plan to almost quadruple private sector revenue in the Island’s bioscience cluster to $1 billion within nine years....
View ArticleSwarmio Going Public on CSE
Video game technology company Swarmio Media, which has offices in Halifax, Sydney and the Toronto area, is preparing to go public on the Canadian Securities Exchange in a deal that will raise about $5...
View ArticleSwarmio Listing Spurred by Venture Gap
When video game technology company Swarmio Media filed a prospectus last month to go public on the Canadian Securities Exchange, it bucked convention by tapping public markets at a much earlier stage...
View ArticlePlanet Hatch Readies Entrepreneurship Training
Fredericton Entrepreneurship hub Planet Hatch has bagged $164,000 in federal funding to expand its job training service, the Future of Work Skills Program. The money will be provided by the federal...
View ArticleQuebec’s Oneka Plans NS Base
Sherbrooke, Que,-based Oneka Technologies has raised $5.5 million in a round of equity and non-dilutive funding led by Nova Scotia venture capital Crown corporation Innovacorp, and plans to establish a...
View ArticleACOA Lends OceanSync $94K
The Atlantic Canada Opportunities Agency has lent $93,888 to Halifax-based OceanSync Data Solutions to help the company develop weather data solutions for the shipping industry. The federal economic...
View ArticleMicrosoft Honours 2 NB Companies
Fredericton cybersecurity company Bulletproof has won the Security category in the 2021 global Microsoft Partner of the Year Awards, while Kognitiv Spark, also of Fredericton, was a finalist in two...
View ArticleInnovation District Showcases Listed Firms
One of the big changes in the regional innovation ecosystem in the past few years is the growing importance of publicly listed companies. This month, our reporter Avery Mullen takes a look at the...
View ArticleIMV Preps for 2 Phase 2B Trials
IMV, the Dartmouth-based drug discovery company, is planning two Phase 2B trials in the coming months that it hopes will be key steps in bringing its lead compound DPX-Survivac to the market in a few...
View ArticleGreenlight Raises $300K
Halifax cannabis testing startup Greenlight Analytical has raised nearly $300,000 of equity funding in a significantly oversubscribed seed round. When the company bagged a $374,000 loan from the...
View ArticleThree Pitch Competitions Coming Soon
Three Atlantic Canadian startup support organizations will hold pitch competitions in the coming weeks: Halifax’s Volta, Moncton’s Venn Innovation and St. John's-based Genesis. Startup incubator Volta...
View ArticleEnergia Stages Demo Day
Fredericton startup accelerator Energia Ventures held a demo day for its spring cohort Tuesday, showcasing a roster of six companies that focused heavily on sustainable technology. Energia is overseen...
View ArticleSurvey Reveals Struggles of Black Female Founders
Black female entrepreneurs have particular difficulty accessing funding, although many are highly educated and their ventures are growing, a national survey has found. The FoundHERs survey, conducted...
View ArticleFive Companies Pitch at Summer Institute
The University of New Brunswick held the virtual demo day Thursday for its Summer Institute accelerator, with five companies pitching. Most startup accelerators teach lean methodology to...
View ArticleThree Pitch Competitions Coming Soon
Three Atlantic Canadian startup support organizations will hold pitch competitions in the coming weeks: Halifax’s Volta, Moncton’s Venn Innovation and St. John's-based Genesis. Startup incubator Volta...
View ArticleGSTS Expands Testing Consortium
Dartmouth-based Global Spatial Technology Systems, which is developing cloud software for analyzing and predicting the movements of ships, has added three new members to its OCIANA Port Optimization...
View Article3D BioFibR Preps Collagen Product
You really get an idea of how cool 3D BioFibR is when CEO Kevin Sullivan starts talking about bulletproof T-shirts. Halifax-based 3D BioFibR aims to produce commercial quantities of nature’s...
View ArticleGenesis Launches Intermediate Accelerator
St. John’s-based startup hub Genesis has launched a new, intermediate-level accelerator to fill a gap between its Evolution program for early-stage companies and its Enterprise program for more...
View ArticleColoursmith Labs Raises $2M
Halifax’s Coloursmith Labs, which is developing advanced optical filters for contact lenses and eyeglasses, has closed a $2 million equity round, led by the female-focused investment fund, Sandpiper...
View ArticleNovaResp Readies QEII Trial
Halifax-based respiratory therapy startup NovaResp has received Health Canada approval to conduct an “interventional study” at the city’s Queen Elizabeth II hospital, testing its sleep apnea treatment...
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