In the wake of a pivot, Halifax’s Frenter has raised $270,000 from a consortium of investors that includes John Risley’s CFFI Ventures, Mark Dobbins’s Killick Capital and several funds from outside Atlantic Canada.

The $270,000 close is part of a planned $450,000 equity round that Frenter's 16-year-old CEO Zach Laberge announced in August. He told Entrevestor in an interview he has decided to

Canada’s Ocean Supercluster, the federally backed organization that cost-shares with the private sector on research and development initiatives, has put out a call for new project proposals.

In a press release, the Supercluster said the callout is aimed at helping solve talent supply and growth problems for small and medium-sized ocean businesses. Any projects are required to have a planned

Last summer, Cape Breton’s Securicy quietly raised its first round of institutional investment -- a US$4.1 million or C$5.2 million deal that was never publicized. As the 35-person company works to grow its staff to between 42 and 44, CEO Darren Gallop told Entrevestor in an interview he's decided to reveal the raise now to help draw the interest of potential employees.

The raise, which Securicy

A summer internship program that provides Nova Scotia youth and employers with opportunities to develop leadership in green companies is once again seeking applicant employers.

The Clean Leadership Summer Internship program matches employers with interns aged 15 to 30 for summer work placements of between 9 to 15 weeks.

Organizations that focus on climate change mitigation, conservation, waste

Two Nova Scotia startups focused on recycling plastic waste into usable materials have merged. Antigonish's Recircle Waste Management Solutions and Halifax's Maritime Reused Plastic Products have amalgamated and will do business under the name Recircle.

Spencer Pieczonka, who was Reused Plastic’s founder and will become Recircle’s new Chief Sustainability Officer and Head of Growth, told

Six months after gaining unicorn status through a listing on the Nasdaq, Meta Materials Inc. is facing a class action lawsuit from disgruntled investors. 

Meta Materials, the Dartmouth maker of advanced materials that alter light, listed on the Nasdaq in June via a reverse acquisition of Texas’-based Torchlight Energy Resources. The deal raised C$198.1 million, according to Innovacorp

Halifax startup hub Volta’s annual Democamp, which gives startups the chance to showcase their technology for investors and other innovation community members, is scheduled for Feb. 16.

Held virtually, the event will give entrepreneurs the chance to expound on how their innovations work and their value propositions. But they must do so without the help of a slide deck. The aim of the Democamp is

As recently as 2015, exactly none of the ventures at St. John’s-based Genesis  startup hub were led by women. Today, nearly a third of them are.

In an interview Wednesday, Vice President of Finance and Special Projects Colin Corcoran told Entrevestor that increasing diversity in the startup ecosystem has been a key goal for the centre. Corcoran and his colleagues went so far in 2018 as to hire a

Less than four months after it finished raising a $13 million funding round, Halifax Software-as-a-Service company Proposify is laying off 25 people as part of what CEO Kyle Racki described as an attempt to “right-size” the company after missed growth targets.

The September raise took about a year to close and was led by Innovacorp and the Canadian Business Growth Fund -- an investment fund

In the wake of commercializing its product last summer, Saint John cybersecurity firm TrojAI has raised a $3 million seed round led by Halifax’s Build Ventures and Seattle’s Flying Fish Ventures, which was co-founded by former Microsoft, Amazon and Getty Images execs.

The funding follows a $750,000 pre-seed round last January, and at the time, COO Stephen Goddard told Entrevestor he was already