Medtech Shines at Volta Cohort

Medtech and biotech companies were dominant at Wednesday’s Volta Cohort pitch competition, with all five winners pitching products with healthcare applications.

The victors triumphed in a field of 14 finalists to bag up to $25,000 in the short-term in prize money and entrance into the Volta Cohort accelerator program. They will be eligible for another $25,000 in six months if they stay in the

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Launching our Oceantech Survey

At Entrevestor, we’re now gearing up to produce our data reports for 2021, and we’d like to tell you how we’re enhancing these products.

As we have for the past nine years, we will produce our annual Atlantic Canada Startup Data report, which we expect to publish before summer. It’s shaping up to be an interesting report as the public and private companies in the region have raised more than

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Venture Grade Backs 3D Planeta, KorrAI

Venture Grade, a student venture capital fund based at Saint Mary’s University in Halifax, has announced new investments in two regional companies that facilitate the making of  advanced maps: 3D Planeta and KorrAI.

In a statement, the young investors said they have invested $12,500 in each venture, after being impressed by the companies’ management teams and their growth and exiting prospects.

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BoomersPlus Becomes SeasonedPros

BoomersPlus, a Halifax company that matches seasoned professionals with part-time jobs where their experience is needed, is rebranding as SeasonedPros.

“We think our new name better reflects our current and future membership and who we can connect to our clients,” said SeasonedPros in a press release.

The company is also tweaking its target market slightly. It was originally created to help

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Swarmio CSE Listing Raises $6.3M

Video game technology company Swarmio Media, which has offices in Halifax, Sydney and the Toronto area, began trading on the Canadian Securities Exchange Monday, with shares spiking early in the day before surrendering most of their gains.

The listing made good on plans announced by Swarmio in July. At the time, the company said it hoped to raise about $5 million. The listing process beat

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BioVectra Announces Vaccine Manufacturing Facility

Charlottetown-based BioVectra, which manufactures pharmaceutical ingredients, has announced it will build one of Canada’s first mRNA vaccine manufacturing facilities in a project worth $76.9 million.

The federal government will pay $39.8 million of the total cost and the P.E.I. government $10 million, with the balance born by BioVectra.

The drugmaker was bought by private equity firm H.I.G.

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Ashored to Develop Whale-Safe Lobster Traps

Ashored, the Dartmouth-based maker of fishing equipment that reduces accidental harm to marine animals such as whales, will head up a $1.4 million Ocean Supercluster project to develop a “rope-on-command” system for lobster and crab traps.

Conventional traps are retrieved via ropes connected to the trap at one end, with the other end floating on the surface of the ocean. But sea-life including

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Introhive Scores Fast 50 Hat Trick

Fredericton- and Miami-based Introhive has cracked the Deloitte Technology Fast 50 awards for the third year in a row, making it the first Atlantic Canadian company to score a hat trick in the rankings of Canada’s 50 fastest-growing tech companies.

Deloitte announced Wednesday that Introhive had placed 32nd with 493 percent revenue growth over the period from 2017-2020, improving on 938 percent

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