MIMOSA Receives Health Canada Approval

Halifax- and Toronto-based MIMOSA Diagnostics, which makes a medical device for non-invasively assessing tissue damage, has received Health Canada approval six months after it launched its technology in the Untied States.

The sign-off paves the way for the company to sell its MIMOSA Pro device north of the border, following comments last year by CEO Dr. Karen Cross that pursuing American

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Shoelace to Pitch at SXSW

Halifax edtech-maker Shoelace Learning will be one of seven finalists to compete in the SXSW EDU Launch Startup Competition at the internationally recognized South by Southwest arts festival in Texas March 5.

Finalists also receive access to business development opportunities and invite-only networking events, as well as receiving pitch training prior to the competition.

Shoelace, which is led

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Air Clarity Launches Trials

New Brunswick’s Air Clarity Solutions is launching the pilot program for its water-based industrial air filtration systems with clients in Atlantic Canada next week as founder Mike Rushton looks to make environments like auto body shops and boat building facilities safer for workers.

Rushton, an environmental technologist, was previously an automotive technician who specialized in restoring

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Tribe Network Has 1,000+ Members

Tribe Network, the Halifax-based professional organization for racialized startup founders, now counts more than 1,000 people and organizations among its members and has worked directly with 700 program participants in its three-year history.

Those figures are according to Tribe’s first Impact Report, covering the years 2020 to 2023. The report goes on to say that Tribe has also distributed more

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Parados Ramps Up Business Development

Motion capture and exercise software startup Parados has reached several hundred users as it scales up its Canadian business development efforts in the new year, says CEO Pascal McCarthy.

Parados’s software analyzes video of workers performing a variety of different movements, using machine learning to predict where a subject’s joints are located and offering medical professionals a

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Invest NS Seeks GreenShoots Applicants

Provincial economic development agency Invest Nova Scotia is looking for applicants to the next cohort of its GreenShoots accelerator, which offers up to $40,000 of funding.

GreenShoots offers agtech, biotech and cleantech companies funding and mentorship to develop their ideas. Cleantech made a particularly strong showing this time, with all but one of the biotech and agtech companies also

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Invest NS to Host Startup Showcase Feb. 6

Invest Nova Scotia will host a virtual Investor Showcase presentation showcasing 17 of its portfolio companies to an audience of international investors Feb. 6 at 1:00 p.m.

The provincial agency, which invests in startups via its venture capital fund, says the companies are chosen to highlight the cleantech, oceantech, information technologies and life sciences industries.

“The showcase will be

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MUN Seeks Social Enterprises

Memorial University’s Centre for Social Enterprise is looking for applicants to its year-long Social Ventures Incubator, which offers $2,500 of funding.

The program is open to current Memorial students and alumni who graduated within the last 12 months, though the university adds that applicants will ideally have a track record of social entrepreneurship or other relevant experience.

In

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Invest NS Made $8.8M of VC Investments in Fiscal ‘22-‘23

Invest Nova Scotia spent $8.8 million across 16 venture capital deals for its 2022-2023 fiscal year, which ended last March, and dispersed just under another $6.5 million to VC funds.

With another year-end on the horizon for Invest Nova Scotia, Entrevestor took a look back at the prior year’s performance with the help of the organization’s annual report, released in late 2023.

The largest

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Spellbook Raises US$20M

Spellbook, the St. John’s legal software-maker, has raised a US$20 million or about C$27 million Series A funding round after being approached by returning investor iNovia Capital with an offer late last year.

The deal, which was signed just before Christmas, is Spellbook’s second eight-figure capital raise in less than twelve months. The previous, US$10.9 million or C$13.8 million round also

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