A pair of former New Brunswick Innovation Foundation investors, Raymond Fitzpatrick and Daniel Hoyles, have left the organization to found financial intelligence startup Profitual and close a nearly $1.2 million funding round.

Fitzpatrick was the NBIF’s director of finance and investments for almost nine years, and Hoyles was an investment associate, as well as the former COO of cleantech

Invest Nova Scotia has announced the first six startups participating in its OceanTech Pilot Program, which gives early-stage bluetech companies the chance to test their pre-commercialization products.

The participating companies will split $50,000 of non-dilutive funding to help launch their pilot programs, as well as access to SEATAC, a Nova Scotia Community College entity that offers research

The University of New Brunswick’s Energia Ventures startup accelerator will hold its second demo day of 2022 on Dec. 13, showcasing a roster of five companies from three countries.

Energia is hosted by the University of New Brunswick’s Technology, Management and Entrepreneurship program and supports startups from around the world involved in energy, smart grids, cleantech and cybersecurity. The

St. John's-based Audyse Technology is working on finalizing a noise-cancelling algorithm to protect motorcyclists’ hearing as it prepares to raise a funding round early next year.

Audyse is developing a noice-cancelling headset that will protect riders from the hazardously loud noises generated by both wind and their motorbikes themselves. A software suite will avoid blocking important sounds,

The New Brunswick Innovation Foundation invested $4.98 million in equity funding for the province's startups in its 2021-2022 fiscal year, in what it said was a record fundraising year for its portfolio companies.

NBIF’s venture capital investments accounted for almost exactly a third of its total $14.3 million of spending, according to the organization’s 2022 Impact Report. Another $7.4 million

Halifax medical device maker ABK Biomedical has closed a US$30 million, or about C$40.9 million Series C funding round, marking one of the largest capital raises in Atlantic Canada so far this year.

The round was co-led by two new investors: Austin, Texas-based medtech venture capital fund Santé Ventures and “a significant, undisclosed MedTech strategic investor.” Existing shareholders F-Prime

Moncton-based online recruitment and talent management website CareerBeacon has announced that it will present a live event in Halifax in May called MoveFwd, which will focus on leadership and management strategy.

Slated to be held at Pier 21 on the waterfront, the day-long conference will be headlined by HRU Technical Resources President Tim Sackett, whose Missouri-based recruiting company

Halifax-based Hollo Medical and PragmaClin Research of St. John’s will represent Canada at the global finals of the Entrepreneurship World Cup in the early stage and ideation stage categories, respectively.

Three of the seven Canadian finalists were from the Atlantic provinces, with MOC Biotechnologies, also headquartered in Halifax, the only one of the trio not to advance to the international

Halifax-based Clean Leadership Summer Internship Program is seeking employers to offer summer employment to youth interested in a career in the green economy.

The group’s summer program matches employers with interns (age 15-30) for 9 to 15-week work placements. Organizations located across Nova Scotia who focus on climate change mitigation, conservation, waste management, clean tech, active

Halifax medical imaging startup Densitas has signed a deal to incorporate its technology into the Nuance Precision Imaging Network — an American cloud storage and artificial intelligence platform for medical imaging — making it accessible to about 10,000 healthcare facilities in the United States.

Densitas’s intelliMammo platform consolidates three previous software offerings that measured