Innovacorp’s $2M LightSail Bet Fails

LightSail Energy, the Silicon Valley cleantech company co-founded by Dartmouth-born Danielle Fong, has shut down, meaning Innovacorp will write off its $2-million investment in the company.

Based in Berkeley, Calif., LightSail was working on an energy storage product that used compressed air infused with water vapour that could drive wind turbines during periods of low wind. The publication

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Drawing Youth to Farms With Robots

To reverse the declining numbers of young Canadian farmers, Halifax-based Nexus Robotics is developing a weed-picking robot that makes the physical farm labour less grueling.

“Picking weeds sucks,” said Teric Greenan, the founder of Nexus.  “It never ends. You can be as proactive as you want about it, but there are always going to be weeds next week, next month, next year. And no young

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ReadyPass, BrewHopper in Merger

Two New Brunswick startups have merged and are now offering their products under a new company name.

BrewHopper, a craft beer tourism tech company and ReadyPass, a smart software company for transit agencies, are now being run by a new company called Expedition Connect. The new owners say this means more growth for both products.

Expedition Connect was started by Al Sturgeon and Mike Legere,

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Harbr Raises $1.75M Funding Round

Halifax-based Harbr has closed a $1.75 million round of funding, having assembled a blue-chip roster of Atlantic Canadian business people as the core of its investor group.

The company is developing mobile technology that uses artificial intelligence to help construction companies perfect such tasks as scheduling. It is now being backed by a group of investors weighted heavily in the

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