Spellbook Raises US$10.9M

St. John’s-based Spellbook, the maker of artificial intelligence-enabled contract-drafting software, has raised a US$10.9 million or C$14.8 million seed round from investors including Thomson Reuters, the Toronto data and publishing giant that controls a massive percentage of the legal software market.

The company originally did business as Rally. Spellbook was the name of one of several

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CDL Atlantic Announces 20 Graduate Companies

Dalhousie University’s CDL Atlantic, part of the internationally noted Creative Destruction Lab network of startup accelerators, has announced the companies graduating from this year’s Oceans cohort for bluetech companies and its Prime cohort for general startups.

CDL is a nine-month, milestone-based accelerator founded by University of Toronto management professor Ajay Agrawal and it is now

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Get Coding Expands in Atlantic Canada

Get Coding Training, a Newfoundland and Labrador-based information technology jobs training company, is expanding throughout Atlantic Canada in the wake of strong demand from workers in more traditional industries looking to change careers.

Founded by CEO Jan Mertlik and CTO Sahand Seifi, Get Coding offers nine- to 12-month training courses designed to prepare participants to work professionally

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Genesis Seeks Evolution Applicants

Genesis, Newfoundland and Labrador’s startup hub, is seeking applications for its Evolution accelerator program this summer.

According to Genesis, this program is a “pre-incubator program,” which offers intensive and experiential learning to help entrepreneurs during their earliest stages. Each week, participants will be immersed in different educational sessions. The program promises to assist

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Swiftsure Closes $2.3M Round

Having successfully completed clinical trials, Pasadena, NL-based medtech company Swiftsure Innovations has raised a $2.3 million seed funding round, led by Pelorus VC.

Founded three years ago by intensive care unit nurse Deanne McCarthy, Swiftsure is developing medical devices that aim to improve oral care solutions for critically ill patients on ventilator systems. The company is now planning

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Atlantic Startups Shed Jobs in Q1

The first quarter of 2023 saw a rare downturn in startup jobs on the East Coast, with total employment in the sector dropping to levels comparable to the worst days of the pandemic, according to data from early stage venture capital fund Concrete Ventures.

The Atlantic Canadian startup ecosystem shrank by 521 jobs in the first quarter of 2023, with just 18 percent of startups adding staff and 30

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Launching our 2022 Canadian Oceantech Report

If there was a singular achievement of Canada’s oceantech startup community in 2022, it was that it truly became a national community.

Today, we are releasing our 2022 Canadian Oceantech Data Report, our second analysis of the country’s bluetech startups. We were struck by two things while producing this work. First, the developments in the ecosystem have been astonishing in one year, creating a

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MUN Opens The Launch

Memorial University’s Fisheries and Marine Institute this week officially opened the long-awaited marine research lab The Launch in an oceanside location in Holyrood, about 50 kilometers from St. John’s.

The Launch -- formerly known as the Holyrood Marine Institute -- was first opened in 2010 and experienced multiple phases of development throughout the decade. This new space allows students and

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