Execute Skate is California Dreaming

The founders of Execute Skate, a Halifax startup developing an app for skateboarders, are casting an eye to California so they can work with the best tech experts — and skateboarders — in the world.

The quartet of entrepreneurs met in September when they enrolled in Dalhousie University’s Lean Startup course, which teaches entrepreneurship by having students start a business. They began to devise a piece of hardware that attaches to the bottom of a skateboard and monitors what tricks the skateboarder is performing. This is accompanied by software that shows the data on a mobile device,

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Adeptio raises $500K, Eyes $2M-Plus

Adeptio, a Charlottetown Software-as-a-Service company aiming to improve wellness and productivity, has closed a $500,000 round of seed financing and is working on plans to raise more than $2 million from venture capital investors next year.

The company was spun out of Fredericton-based tech consultancy SwiftRadius in July with seven employees. In just four months, it has gained traction, secured corporate clients, hired three more employees, and continues to add features to its personal achievement software.

“We have nine companies on board and a very active (sales) funnel — quality

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Backstage Sessions To Launch Soon

You tend to sit up and take notice when someone pitching an online music product says they’ve conducted their customer validation with a community that includes Janis Joplin’s former manager.

Becky Jefferson and Bill McEwen did just that at Startup Weekend Halifax this month when they pitched Backstage Sessions, a proposed website that would allow music fans to experience online get-togethers with bands.

The company is in its infancy. In fact, Jefferson and McEwen first met at Startup Weekend at Dalhousie University on Nov. 16-18. And they are still working out the finer points of their

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AHI, Emera Sign $5M+ Facility Deal

Fredericton-based Atlantic Hydrogen Inc. will build its first industrial-scale facility at Emera’s Bayside electrical generating station near Saint John in a deal that includes an equity investment worth more than $5 million.

AHI released a statement on Wednesday saying that Halifax-based Emera, which is the parent of Nova Scotia Power Inc., has hired AHI to install a CarbonSaver system at the gas-fired Bayside plant – the first such facility aside from the prototype at AHI’s Fredericton headquarters. The company plans to begin construction in the spring of 2013.

AHI has spent 12 years

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MedRunner Eyes Patient Safety Product

MedRunner, a Saint John company developing an electronic prescription product, may soon pioneer  a new product to improve patient safety in the delivery of medication at hospitals, clinics and other outlets.

The company, which started  about three years ago, already has a Software-as-a-Service product in the New Brunswick market that allows doctors to order drugs for patients through computers or devices, thus improving the accuracy and recording of prescriptions. While it pushes that project forward, the company is also looking at a second product that would provide a digital record of a

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Region’s Funding Hit $10M Last Week

Like many journalists, I pay more attention to fundraising by startups than I should, but it’s hard not to sit up and take notice when we had a week like last week.

Four Atlantic Canadian startups announced that they raised a total of $10 million, the lion’s share coming from an $8 million investment in AioTV by a Chinese tech company. That’s a lot of money for one week.  And then this week the investment rose again when LeadSift said it raised $635,000 from OMERS Ventures and several angels.

Consider the funding of companies in the region two years ago. Data from Thomson Reuters show

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Equals6 Claims Prize at Boston Event

It seemed appropriate that Equals6, the Halifax-based social network for students, should win a startup award in Boston on the same day that entrepreneurs gathered in downtown Halifax to unveil a national networking scheme for young enterprises.

The news of Equals6’s success came just before StartUp Canada unveiled its plan to link the entrepreneurial communities across the country through meetings, online tools and a campaign.

Equals6 CEO Andy Osburn said yesterday that his company, which helps students around the world connect with prospective employers, was voted the Hottest Startup

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OMERS, Angels Boost LeadSift Funding

Halifax-based LeadSift, whose software finds sales leads for corporate customers, has attracted $500,000 in investment from OMERS Ventures and an additional $135,000 from a group of individuals, closing its first round of funding at $1.135 million.

In receiving investment from OMERS Ventures, LeadSift will receive the backing of the most active venture capital fund in Canada in the past year.  And the group of angels includes Jevon MacDonald and Gavin Uhma, the brains behind Halifax co-browsing company GoInstant, which exited for more than $70 million this summer.

Damien Steel, the

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Mariner, East Valley Back Novawise

Novawise Inc., a Halifax startup developing customer relationship management software for pharmaceuticals and other regulated industries, has received investment from two pillars of the Saint John tech community with strong links to investor Gerry Pond.

Mariner, a diverse consulting and IT services company, and East Valley Ventures, a financing and support group for tech companies, said in a statement they would invest an undisclosed amount in Novawise. Pond, one of the most prominent tech investors I the country, is the Chairman of Mariner and a Co-Founder of East Valley Ventures.

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Enman Joins BoonDoc as CTO

Sackville, N.S.-based Boondoc has hired Can Stock Photo founder Duncan Enman as its chief technology officer, as the social network for physicians rounds out its team and prepares to launch a prototype early in January.

CEO Blair Ryan and COO Will Harris have been looking for a CTO since they got together last summer to form the company that will help Canadian doctors to exchange information and help each other cure patients.

“We’ve added a CTO, which is really exciting news not only because it allows us to move at warp speed but also because of who it is,” Ryan said.

When he was

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