Oliver POS Taps European Angels for $3.2M

St. John’s-based Oliver POS, which offers digital payment solutions to retailers, has raised $3.2 million from European angels, an impressive seed round for a company that is only two years old.

The company has developed a Software-as-a-Service product that enhances retailers’ point-of-sale, or POS, capabilities. Its sales – which now extend into 70 countries – have surged with the global wave

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Cribcut Pivots, Rebrands as Bright

Halifax-based Cribcut, known for its at-office haircuts and beauty services programs, is rebranding as Bright and adding new personal well-being and fitness services to its platform.

Bright will continue to sell its on-site services to employers to be included in employee well-being packages. But it has added a virtual arm to its business during the COVID-19 pandemic to offer online services

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12-Step Pledge for Gender Diversity

A trio of Atlantic Canadian entrepreneurs is encouraging technology companies and funding organizations to sign a pledge aimed at increasing the number of women working in the sector.

Sarah Murphy, Maddie Coombes and Chris Gardner are the creators of the 12-step Gender Diversity Pledge, which is designed to produce measurable progress towards workplace equality. It asks signatories to commit to

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4 Thoughts on Sona’s Share Surge

Well, another day, another $70 million.

That’s what life has been like for Sona Nanotech recently. The Halifax nanoparticle maker’s shares gained 18 percent to $8.25 on Monday, lifting its market capitalization (the total value of its stock) by almost $70 million to $443 million. That came after Sona shares gained 123 percent on Friday, giving it a market cap of $374 million. This all happened

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JEDI Seeks Startup Group Partners

As it prepares for its next round of accelerator and incubator programs, the Joint Economic Development Initiative is hoping it can build stronger ties with startup organizations throughout Atlantic Canada.

Based in North Fredericton, the Joint Economic Development Initiative, or JEDI, fosters economic growth for First Nations communities. One of its key missions is to help Indigenous

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Sona Stock Up 123% on Test Results

Shares of Halifax-based Sona Nanotech more than doubled Friday after the nanoparticle technology company said clinical trials showed its COVID-19 rapid testing kit has a 96 percent sensitivity to the virus.

The company’s shares on the Canadian Stock Exchange surged $3.84 or 123 percent, closing at $6.97 on Friday. The shares opened 2020 at 11 cents, and have produced a 6200 percent return so far

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Let’s Begin to Build a Respectful Society

I am very proud to be at the University of New Brunswick and call Atlantic Canada home. The whole conversation around racism is a very hard conversation to have with my kids and students because you simply have to look around and it is obvious that this a very serious issue. 

I was a minority growing up in Zambia and then a minority in the U.K. for my education and finally a minority in Canada,

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3D Planeta Revamps Strategy, Raising Funds

In the wake of a comprehensive retooling of its business development strategy, Fredericton geo-mapping startup 3D Planeta is in the process of raising a seven-figure funding round.

CEO Norm Couturier said in an interview that the reworked sales and marketing strategy was in response to COVID-19 rendering the company’s previous, travel-heavy approach unworkable.

After several months spent

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Businesses Must Be Welcoming

Imagine a house. All your life, you're told you don't belong in that house, and the doors are locked. In order to enter the house, you have to look, act, and talk like the people who live there.

Imagine one day they open up the doors and windows and ask each other, “Why is no one coming in?” Imagine you walk in, and the people inside don’t think you deserve to be there. Imagine you speak, but no

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Technow Named BioAlliance Chair

​Oliver Technow, CEO of Charlottetown-based BioVectra, was named the new chair of the PEI BioAlliance’s board of directors on Monday.

Technow has been a member of the board of the life sciences industry association since 2017. BioVectra, which manufactures ingredients for prescription drugs, was sold last year to U.S. Private Equity firm H.I.G. Capital for about C$330 million.

The BioAlliance

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