recent news
Spellbook Closes US$50M Series B Round
Spellbook, which makes AI products for law firms, has closed a US$50 million (C$70 million) Series B round led by Khosla Ventures, one of the top venture capital firms in Silicon Valley.
Based in St. John’s and Toronto, Spellbook announced the
MarineNav, Precision Design Win Naval Tech Challenge
Two Atlantic Canadian companies have been recognized for developing advanced technologies to improve naval operations through the 2025 Naval Technology Innovation Challenge.
Supported by the Dartmouth-based COVE, Thales Canada, and the Atlantic
Alaagi Focuses on Getting to Market
Sheheryar Khan speaks very fast in a voice full of excitement and a fair bit of incredulity. Less than a year after the Saint Mary’s University student founded Alaagi to make biodegradable, seaweed-based food packaging, the company is celebrating
Tribe and GEN Launch Startup Huddle Halifax
Halifax-based Tribe Network, a support organization for Atlantic Canadian entrepreneurs who identify as Black, Indigenous or People of Colour, has got together with the Global Entrepreneurship Network to launch Startup Huddle Halifax.
A global
CDL Recognizes Ledwell for Mentorship
Lauren Ledwell has been named CDL-Atlantic’s Mentor of the Year in the group’s Prime Stream.
A CDL-Quantum alumna from the first cohort in 2017 to 2018, Ledwell returned as a mentor in 2022 and has since contributed across CDL-Atlantic and
Voltai Closes $1.83M Pre-Seed Round
Voltai, a Dartmouth-based cleantech company developing ocean and renewable energy technologies, has closed an oversubscribed pre-seed financing round of $1.83 million.
The round was led by Invest Nova Scotia. Other participants included an angel
10 Deeptech Startups Join ideaBUILD Cohort
The Emera ideaHUB has announced the launch of its Fall 2025 ideaBUILD cohort, welcoming 10 deeptech startups focused on creating physical solutions for a healthier world.
The ideaBUILD program is designed to support companies as they journey from
Deadline coming for 2 Invest NS Programs
Two Invest Nova Scotia programs for startups – GreenShoots and the Early-Stage Commercialization Fund – have deadlines for applications on Monday, Oct. 6.
Offered by Invest Nova Scotia and the Greenspring Bioinnovation Hub, GreenShoots offers
O’Keefe Graham Joins Imaginal Ventures
Erin O’Keefe Graham, formerly Director of Dalhousie University’s Emera IdeaHUB has joined Halifax-based Imaginal Ventures as joint Managing Partner alongside Founder Dorothy Spence. The partnership arose from their shared commitment to helping
Boeing Invests $1.4M in Bluedrop
Boeing said Monday it is investing $1.4 million in Bluedrop Training and Simulation to support the Halifax-based company’s CV-22 Osprey program.
The funding is being made under Canada’s Industrial and Technological Benefits (ITB) program and is
Oliver Technow Wins 2025 Bloom Burton Award
Toronto-based Bloom Burton, a healthcare services company, has named Oliver Technow, former CEO of Charlottetown-based BIOVECTRA, the winner of the 2025 Bloom Burton Award, which recognizes a remarkable contribution to the healthcare sector.
“We
Kraken Robotics Is Now a Unicorn
The term “narwhal” was probably never more appropriate than when it’s applied to St. John’s-based Kraken Robotics, given its work with undersea technologies.
The publicly listed company’s shares have been on a roll lately, and its market