Snorble Raises $12.3M at $50M Valuation
Halifax’s Snorble has raised US$10 million or C$12.3 million from a single investor, New Jersey-based GK Venture Partners, valuing the company at US$40 million or C$50.1 million. The deal, which CEO...
View ArticleABK Starts Human Trials
Halifax medical device maker ABK Biomedical has begun human trials for its Eye90 microspheres — tiny, mildly radioactive glass spheres visible on x-rays and CT scans, which can be injected into...
View Article3 NS Companies Vie for Next Carbon XPRIZE
This Earth Day, we're recognizing a trio of Nova Scotian companies that are vying for the new US$100 million Carbon Removal XPRIZE, slated to be decided in 2025. Halifax’s Planetary Technologies and...
View ArticleACOA, Feds Distribute $2.9M
The federal government has announced $2.89 million of funding for innovation-related projects in Halifax and Cape Breton as part of its COVID-19 recovery package. The money comes from the Atlantic...
View ArticlePlanetary Wins US$1M XPRIZE Interim Award
Halifax’s Planetary Technologies has won a US$1 million Milestone Award from the new US$100 million Carbon Removal XPRIZE. The latest round of the XPRIZE, which is funded by the Elon Musk Foundation...
View ArticleAVSS Makes Strong Showing in Federal Testing
Aerial Vehicle Safety Solutions, the Rothesay, NB, maker of safety equipment for drones, says it has finished a $1.1 million federal testing contract with flying colours and is about to start pursuing...
View ArticleGray Wolf Partners With SmartLedger
Fredericton cybersecurity startup Gray Wolf Analytics has inked a “strategic partnership” agreement with blockchain service company SmartLedger. The deal will include some integration of the two...
View ArticleNBIF Announces AI Conference
The New Brunswick Innovation Foundation has announced a new artificial intelligence conference, dubbed R3: Accelerating AI Innovation, for June 23 in Moncton. Slated to last a full day and be held at...
View ArticleVolta Announces Cohort Finalists
Halifax startup hub Volta has announced the 10 finalists in its latest Volta Cohort pitch competition, slated for May 25 with up to $25,000 of prize money for winners. Volta started holding its Cohort...
View ArticleEarthproof Exits to PS Brands
Earthproof Proteins, the Halifax maker of protein supplements derived from sources with low environmental impact, has been acquired by PS Brands, the investment vehicle of entrepreneurs Pat Murphy and...
View ArticleMitacs to Double NS Internships
Mitacs is eyeing a potential funding increase from the Nova Scotia government as it plans to nearly double the number of STEM internships it offers in the province over the next four or five years. New...
View ArticleCyno Raises $2.3M Seed Round
St. John’s-based Cyno, which has developed a healthcare platform for corporations, has raised a $2.3 million seed round led by the Venture NL fund, which is managed by Pelorus Venture Capital, along...
View ArticleBioeconomy Summit Set for May 19
The Nova Scotia Innovation Hub will host a bioeconomy summit at Saint Mary’s University’s Sobey School of Business May 19, marking one of the first forays back into real-world events for the life...
View ArticleFrenter Raises Another $350K
Halifax equipment rental platform Frenter has closed the $350,000 second tranche of a two-part funding round worth a combined $620,000. Frenter raised on the back of monthly revenues well into the...
View ArticlePicketa Systems Raises $300K
Fredericton’s Picketa Systems, which makes fertilizer analysis technology for the agriculture industry, has raised a $300,000 round of angel funding that gives the company about a year of runway. Chief...
View ArticleNova Graphene Wins Defence Contracts
Halifax-based advanced materials startup Nova Graphene has bagged a pair of defence contracts to develop graphene-based materials for protecting helicopter rotors from sand, ice and water damage....
View ArticlePEI’s PayTic Raises $2.95M
Charlottetown-based PayTic, whose product streamlines the back-office operations of payment companies, has raised $2.95 million in its initial funding round. The company, which had previously been in...
View ArticleBarcelona to Host Ocean Council HQ
In a deal that aims to make Barcelona a leading hub for the Blue Economy, the World Ocean Council has agreed that the 2022 Sustainable Ocean Summit and inaugural Global Blue Finance Summit will be held...
View ArticleZen Bikes Bags $100K from SDTC
Halifax’s Zen Electric Bikes, which works with prominent Dalhousie University battery scientist Jeff Dahn, has won $100,000 of non-dilutive funding from Sustainable Development Technology Canada, or...
View ArticleMaritime Launch Goes Public on Specialist Exchange
Commercial spaceflight startup Maritime Launch Services has completed its reverse takeover of now-defunct merchant bank Jaguar Financial Corp., and in a departure from common practice, listed its...
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