Halifax-based Precision BioLogic, one of the oldest life sciences companies in Atlantic Canada, has been acquired by the Swedish private equity firm Procuritas Capital Investors for an undisclosed sum.

The companies issued a statement late last week saying Stockholm-based Procuritas, a mid-market PE fund, had acquired Precision Biologic and its Ancaster, Ont., subsidiary Affinity Biologicals,

ReelData, the Halifax maker of AI for land-based aquaculture, has launched its latest product, ReelWeight, which is a smart camera system for estimating the weight of fish.

The new offering will complement four other products from ReelData that estimate fish’s appetite, stress levels, physical health and biomass. In a social media post, CEO Matt Zimola said ReelWeight took four years to develop.

Invest Nova Scotia has earmarked $60 million to join private sector investment funds as a limited partner, reallocating money that was previously set aside for loans.

In an interview, CEO Peter MacAskill said a maturing startup ecosystem with changing needs is a key reason the agency has transferred the money via a provincial Order in Council. The capital has been shifted from the agency’s

Tribe Network, the organization dedicated to supporting Atlantic Canadian founders who identify as Black, Indigenous or People of Colour, is receiving a $500,000 donation from the Halifax-based energy company Emera.

Emera had previously contributed $300,000 to Tribe in 2021, so the latest announcement brings the company’s total donation to $800,000. The two groups said as many as 3,000 members

Dependbuild, the St. John's maker of cloud software to help municipalities and infrastructure developers assess risks to construction projects, is launching its beta test.

Founded in spring of 2021,  dependbuild has already been piloting its technology with several customers, and the beta test marks its first foray into commercialization.

Chief Executive Conor O’Brien and COO Jean-Samuel

The Atlantic Canada Cleantech Scale-up and Investment Challenge will hold a pair of demo days for its 21-company cohort in Halifax March 6 and March 20.

The challenge is notable because it aims to develop not just innovative new businesses, but also Canada’s talent pool on the investor side, with participants receiving a crash course in the basics of angel investing. It is organized by

A Halifax news outlet with a twist has entered beta testing.

Inspurious.com is the creation of political scientist Bobbie Macdonald, who started work on it while he was finishing a PhD at Stanford, going on to formally launch the company last fall. Macdonald aims to make online news content more competitive with social media via user experience tweaks designed to remove distractions and barriers

Atlantic Canadian startups raised just $18 million in the fourth quarter, mirroring a loss of momentum nationally in the closing months of 2023, though that figure rises to about $45 million with the inclusion of an eight-figure round finalized by St. John’s- and Toronto-based Spellbook over the holidays.

For the full year, East Coast startups raised $208 million, down from $230 million in 2022,

Pain Coach, an app that aims to guide surgery patients with post-operative pain management, took first place at Halifax startup hub Volta’s annual Virtual Pitch Competition last week.

The company is the brainchild of Emily Johnston, a clinical pharmacist who works with trauma victims. It aims to give patients the information and personalized guidance they need to more effectively manage their

Memorial University has partnered with the Association for New Canadians, or ANC, to offer entrepreneurship training for immigrants.

Under the agreement, participants in the ANC Newfoundland chapter's Newcomer Entrepreneurship Training Program will have free access to courses at Memorial’s Gardiner Centre, part of its faculty of business, which works with the private sector on professional