Introhive, the Fredericton- and Miami-based maker of AI sales software, announced Wednesday it has closed a mammoth US$100 million ($122 million) Series C funding round -- the largest equity investment deal in New Brunswick history.

The round was led by Boston-based PSG, which specializes in backing middle-market software companies. Introhive declined to disclose its valuation, which would have

We’re delighted to announce that we’ll launch our 2020 Atlantic Canada Startup Data report on June 25 at 12:00 noon AST with a virtual lunch-and-learn session hosted by Volta, via Zoom.

Entrevestor’s data has become the benchmark for the Atlantic Canadian startup community in recent years. Each year, we tally up the total number of startups, and assess their employees, funding and revenue,

After two years of development, Dartmouth-based Global Spatial Technology Systems, or GSTS, is commercially launching its cloud software for analyzing and predicting the movements of ships.

The software, OCIANA, aggregates satellite data, weather data, port data and other sources of tracking information and uses it to make predictions about the movements and behaviour of ocean-going vessels.

Millennia Tea, the Saint John maker of frozen tea products, has inked a national distribution deal with U.S. health food giant Whole Foods.

The company sells edible, frozen tea in three forms: loose-leaf, chopped and cubed. CEO Tracy Bell said in a press release that the antioxidant-rich tea could offer health benefits, particularly since it is flash-frozen to preserve nutrients.

“People are

Growing out of the crisis of the pandemic, Halifax-based Food for Thought Software Solutions, a company that provides stigma-free school meals to kids in need, is preparing to raise funds to boost growth both nationally and internationally.

Started by sisters Melissa and Shandra MacMaster, Food for Thought has created software that allows schoolchildren and parents to order a healthy meal online

Upfront Cosmetics, the Nackawic, NB-based maker of eco-friendly baby shampoo, now sells its soap in close to 275 stores and has inked a 14-store deal with health food giant Whole Foods.

Launched in 2019 by Founder Alicia Sharp, Upfront was inspired by her attempts to find shampoo for her own child and her discovery that products were invariably packaged in environmentally taxing plastic bottles.

Sona Nanotech shares fell 68 percent on Friday after the Halifax life sciences company announced it had ended the clinical trials of its saliva-based rapid test for COVID-19 due to disappointing results.

The company had been conducting trials at Humber River Hospital in Toronto to determine the efficacy of its rapid antigen saliva test for COVID-19. Early Friday, Sona said preliminary results

Boston-based oceans accelerator SeaAhead and the New England Aquarium have announced the launch of the BlueSwell Incubator Program, New England’s first early-stage bluetech incubator.

BlueSwell is designed to support the creation and growth of startups that aim to enhance ocean sustainability and global resilience. It will provide each team with a grant of $35,000.

The organizers are especially

Venn Innovation and Université de Moncton (Campus Shippagan or UMCS) are working together to boost entrepreneurship within the province's student community.

Their new partnership will see increased collaboration between Venn Garage, which is Venn Innovation's non-cohort-based incubator program, and the UMCS incubator program for entrepreneurial students with an idea. 

The UMCS program provides

Canada’s Ocean Supercluster on Thursday announced four new research projects worth $3.5 million, with a special focus on the use of mixed-reality technologies like augmented reality, or AR, and virtual reality.

The Atlantic Canada-based group, which supports innovation, sustainability and equity in Canada’s ocean economy, issued a series of press releases announcing the news. More than half the