The Atlantic Canadian regional venture fund has announced it’s joined an investment syndicate led by OMERS Ventures that invested $10 million in the Toronto company. Build accounted for $2 million of the Series B investment round. The other members include: Felicis Ventures, of Palo Alto, Calif.; Horizons
Venture for Canada, a not-for-profit organization that places graduates with startups, has issued the following press release:
Venture for Canada Announces Partnership with RBC
TORONTO, June 25, 2015 /CNW/ - Most recent university and college graduates seek employment with well-established companies, but those interested in entrepreneurship should take a closer look at opportunities with top Canadian startups.
Venture for Canada, a not-for-profit organization that recruits top
Two Nova Scotian startups, Unified Software Technologies and NeoThermal Energy Storage, are the co-winners of the $100,000 Smart Energy Demo Challenge, which will help them move their product closer to a market launch.
Innovacorp, which organized the competition for startups that promote energy efficiency, said Thursday night its panel of judges had chosen co-winners and each will get about $50,000 in non-dilutive funding to work on a demonstration project with their product.
Innovacorp President and CEO Stephen Duff knows what the entrepreneurs he supports go through. When Duff was first involved with Precision BioLogic, the biotech startup got so behind on the rent the sheriff turned up to change the locks on the door.
Duff held business development and product innovation roles at Precision BioLogic for over 25 years. The Dartmouth-based company develops, manufactures and markets blood diagnostic products.
Today, Precision BioLogic sells its products across
BioNova, the association of life sciences companies in Nova Scotia, has signed a partnership agreement with a national medical technology association that it hopes will accelerate the growth of Atlantic Canadian medtech companies.
The Halifax-based group said Thursday it signed a memorandum of understanding with MEDEC, the national association representing Canada’s Medical Technology companies.
“This is a big opportunity to support local growth as this gives us access to a very well