Dartmouth pharmaceuticals company Sona Nanotech has raised money via a private placement share sale for the second time this year, capitalizing on recent increases in its stock price.

In a statement Monday, Sona, which trades on the Canadian Securities Exchange, said it had sold an additional 3.75 million shares to raise $750,000. The deal comes in the wake of a similar $1.1 million share

Invest Nova Scotia has announced the nine medtech companies participating in the 2023-2024 cohort of Scale-up Hub: Cambridge, its cross-border business development accelerator.

The nine-month program is funded mainly by the Atlantic Trade and Investment Growth Strategy — a joint initiative between the federal government and the four Atlantic provinces that plans to spend $20 million by 2027.

Provincial economic development agency Invest Nova Scotia has revealed the companies in its seventh GreenShoots cohort, each of which is receiving at least $10,000 of funding, with two receiving the maximum outlay of $40,000.

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

Fredericton economic development agency and entrepreneurship hub Ignite has been honoured by International Economic Development Council for its programming for women and immigrant startup founders, receiving an award for excellence in economic development in the Economic Equity and Inclusion category.

Based in Washington, D.C., the non-profit International Economic Development Council, or IEDC,

Halifax-based Dispension Industries, which launched as a seller of smart kiosks for dispensing controlled substances as part of harm reduction programs, is diversifying into alcohol sales, starting with sports arenas.

Chief executive Corey Yantha, who founded Dispension in 2017, said in an interview the move does not represent a pivot, but rather a long-planned expansion of the company’s

One reason somewhere between $400 million and $1.36 billion worth of construction equipment is stolen worldwide every year, depending on the estimate, is simply its value, but another reason is that all vehicles of the same model usually share the same key. St. John’s-based Veristart has a possible solution.

Veristart is working on a digital access control system for construction vehicles, using

A Dalhousie University PhD student is investigating best practice among the region’s information technology startups and looking for a few dozen Nova Scotian founders to help him with the study.

Uchechukwu Nwogu, who is working on his doctorate in the Computer Science faculty, is looking into the processes and systems employed by innovation-driven companies in the region.

He will begin by

Good management practices, in both human resources and finances, offer founders the best chance of successfully navigating an innovation landscape that continues to be marked by conflicting economic signals, a panel of startup experts said last week.

Speaking at Entrevestor Live, PEI BioAlliance executive director Jason Cleaversmith, Ocean Supercluster chief growth and investment officer

Industry groups TechNL and Energy NL, along with non-profit Energy Research and Innovation Newfoundland and Labrador, will host a two-day conference Tuesday and Wednesday at the St. John’s Convention Centre.

The conference will be focused on the role digitization can play in the offshore energy industry. Speakers include ExxonMobil exec Mike Jones, who works with the oil fields off

The Atlantic Canada Cleantech Scale-up and Investment Challenge is looking for would-be investors to participate in a 10-week training program and eventually back the winners of its 21-company healthtech and cleantech startup competitions.

Organized by Vancouver-based angel network Spring, Imaginal Ventures, Halo Health, Foresight Canada and the Nova Scotia Health Innovation Hub, the challenge