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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....

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Swarmio 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...

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Swarmio 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...

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Planet 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...

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Quebec’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...

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ACOA 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...

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Microsoft 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...

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Innovation 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...

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IMV 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...

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Greenlight 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...

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Three 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...

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Energia 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...

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Survey 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...

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Five 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...

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Three 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...

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GSTS 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...

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3D 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...

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Genesis 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...

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Coloursmith 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...

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NovaResp 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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