Aurea Plans Automation

The Atlantic Canada Opportunities Agency is lending Aurea Technologies just under $392,000 as the Dartmouth maker of portable wind turbines looks to automate more of its production process.

Some of the money will go towards buying specialized automation equipment for quality control, packaging and prototyping, building on progress the company has already made automating the assembly of the main

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Ashored to be Recognized at CIX

Bedford, N.S.-based Ashored Innovations will be the only Atlantic Canadian company among the Top 20 early-stage startups to watch at this year’s CIX Summit in Toronto.

The CIX conference, organized by non-profit innovation network and events organizer Elevate, is slated to be held in October. Ashored and the other 19 companies were chosen by a panel of 150 investors from around the world.

“It

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Canadian Oceantech on Display in London

The Canadian oceantech community – and the Atlantic Canadian contingent in particular – is on full display at the Oceanology International conference in London, seeking investment, customers and international partnerships.

Oceanology International – whose London event is taking place this week – bills itself as the leading forum in the world to connect with the global science and ocean

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Seven Companies Join WIN-VC

The University of New Brunswick’s Pond-Deshpande Centre has announced the seven startups joining the Atlantic cohort of the Women and Nonbinary Impact Network for Venture Capital, or WIN-VC, which provides coaching and support services to help new businesses become investment-ready.

Launched in September, the Canadian arm of WIN-VC is funded by Innovation, Science and Economic Development Canada

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Myomar Aims For Regulatory Approval This Summer

Myomar Molecular hopes to use some of the $1.1 million funding round it just closed to win Health Canada approval for its muscle health test by the end of June, as the company prepares for another raise later this year, CEO Rafaela Andrade said in an interview Friday.

The deal, which included a mix of equity and non-dilutive funding, was led by a Nova Scotia angel investor, with the Atlantic

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P.E.I. Offers $500K for Cleantech

The Prince Edward Island government has created a new research and development fund to back cleantech projects.

Companies, post-secondary institutions and Indigenous communities will be able to apply for funding worth 80 percent of their project costs to a maximum of $500,000. To be eligible, an organization's work must be related to energy efficiency, renewable power, grid resiliency or

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EmployNXT Launches Human Resources AI

Halifax-based human resources startup EmployNXT will launch its product Monday with a focus on its beachhead markets of Atlantic Canada and Ontario, as CEO Shubhra Singh eyes a six-figure capital raise.

Singh originally created EmployNXT as a LinkedIn group for women in the technology sector who wanted to share advice and resources when she started in the industry in the early 2000s. Now,

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Aurea Recognized by Coralus

Aurea Technologies, the Halifax maker of portable wind turbines, is one of 10 companies to be accepted into social impact investor Coralus’s Canadian list of 10 Selected Ventures to watch.

Coralus, an international industry group founded in Toronto in 2015, invests in women-led companies with the help of funds crowdsourced from its members. Aurea is the only Atlantic Canadian business to make

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Volta Seeks Investment Day Startups

Halifax startup hub Volta is looking for applicants to the spring edition of its Investment Day event, which it hosts in collaboration with accelerator Creative Destruction Lab Atlantic.

The event will be held at Volta’s new offices in downtown Halifax’s Armoyan Centre on May 14 and will give 12 seed-stage and Series A companies the chance to pitch to an audience of venture capitalists from

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