Clever Fruit Joins Tasmanian Accelerator

Halifax-based Clever Fruit Products, which uses fermentation to produce fruit-based food supplements, will be one of 10 companies to participate in Australia’s FoodTech Tasmania accelerator as it looks to diversify its product offerings.

Clever Fruit CEO Sean Sears said in an interview that he hopes to use the 12-week accelerator as an opportunity to explore producing fermented versions of a

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PragmaClin Wins $47K from Bounce

PragmaClin, a St. John’s company that is developing software that lets Parkinson’s patients assess their condition at home, won $47,500 in the first ever Bounce Health Innovation Embryo Grants competition.

Bounce, the organization that supports life sciences companies in Newfoundland and Labrador, awarded over $100,000 in prizes at an event last week. The prizes were awarded in four categories;

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Delicious Brains Sells IP

Truro software developer Delicious Brains has sold a raft of its intellectual property to Austin, Texas-based WP Engine.

The deal includes five WordPress plugins — pieces of software that enhance website design tool WordPress — that collectively boast about a combined 4 million users. Among the products changing hands is Delicious Brains’ popular Advanced Custom Fields tool, which allows users

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NBIF Event to Showcase AI in NB

The New Brunswick Innovation Foundation this month will host a conference to encourage the adoption of artificial intelligence in the province.

The conference titled R3: Accelerating AI Innovation will take place at the Delta Hotels Beausejour in Moncton on June 23. You can find more information and register here.

The R3 series used to be biennial awards for researchers whose work has

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HotSpot Sale Targets International Growth

The sale of Fredericton transportation software-maker HotSpot to Toronto engineering and technology company IBI Group grew out of repeated collaborations between the two businesses that highlighted their potential for resource sharing, according to brass at both companies.

On Wednesday, IBI announced it had bought HotSpot for an undisclosed price, and IBI Global Director of Innovation Deepak

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PEI Life Sciences Could Employ 3K by 2025

In its latest labour market white paper, the PEI BioAlliance predicts that Prince Edward Island’s life sciences cluster will employ 3,000 people by 2025 and lays out its plans to create an HR Excellence Initiative to advocate for HR best practices. 

The BioAlliance releases an HR strategy document every five years, and the fourth edition aims to help address the sector’s ongoing staffing crunch.

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Mara’s Raise Backed by Strong Financials

Mara Renewables Corp., which makes nutritional products from algae, raised the largest funding round in Atlantic Canada so far this year on the back of standout revenue growth, with plans to expand its suite of intellectual property, according to CEO Arturo Ania.

He said in an interview that the raise has three purposes: to continue improving Mara’s production processes, sometimes through the

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CandidateHub Targets UK,  Raising $500K

Riverview, N.B. recruitment automation startup CandidateHub.io is expanding into the British market and hopes to close a $500,000 capital raise within the next three to six months.

CEO Brad DiPaolo said in an interview that he and co-founder Sebastien Aube have been eyeing a U.K. expansion since they started the company in 2020, but began seriously exploring the possibility just a couple months

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Mara Renewables Raises $39.5M

Mara Renewables Corp., which makes algae-based ingredients for nutritional supplements, baby formula and food, has raised the largest funding round so far this year for an Atlantic Canadian startup: a $39.5 million deal led by Toronto specialist VC InvestEco Capital.

Mara, headquartered in Dartmouth, has not disclosed the valuation at which it raised the money. But only a handful of startups in

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TechNL Seeks Firms for High School Work Terms

Newfoundland and Labrador industry group techNL is looking for technology companies to participate in its High School Tech Immersion Program, which is a six-week, work-integrated learning course for Grade 10, 11 and 12 students.

This year’s Tech Immersion Program is a modified version of what techNL first offered last year. Participant feedback from the earlier iteration has led techNL to

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