Atlantic Canada’s cluster of service and data-related oceans companies is comparable in size to the largest American clusters, such as Massachusetts, and its growth has accelerated since the opening of COVE, a study by the Dartmouth-based bluetech hub has found.

COVE on Thursday released the report titled the Canadian Ocean Enterprise Report 2020, which it authored along with Washington, DC’s

We hope founders and startup enthusiasts in New Brunswick will tune in this morning when we present a New Brunswick-focused version of our 2020 Atlantic Canada Startup Data.

The one-hour event is organized by Planet Hatch in Fredericton.

Each year, we tally up the total number of startups, and assess their employees, funding and revenue, providing a vivid picture of how the community has

Putting paid to the notion of Atlantic Canada as a marginal player in the world of startups, Entrevestor Live on Wednesday showcased some of the region’s highest-flying young companies.

A multi-billion-dollar, sector-pioneering materials business headquartered in the region, a labour crunch giving rise to ballooning tech salaries and a surge in venture capital valuations that could leave the

Dartmouth-based carbon sequestration specialist Planetary Hydrogen has won as much as $200,000 from the Ocean Startup Challenge competition, along with 39 other bluetech companies that bagged a combined $1.4 million in smaller prizes.

The Ocean Startup Challenge is run by the Ocean Supercluster-backed Ocean Startup Project, helmed by lawyer and ocean technology specialist Donald Grant. This

Dartmouth-based advanced materials specialist META has closed a deal to buy British Columbia’s Nanotech Security Corp. for $90.8 million, as the maker of security holograms for bank notes and government ID cards announced it has inked a manufacturing deal worth up to $52.7 million over five years.

META announced it would buy Nanotech in August, two months after a reverse listing on the NASDAQ

Irish marine robotics company XOCEAN, which maintains a branch office in Dartmouth, has raised €8 million or C$11.7 million in a funding round that valued the startup at about €100 million or C$ 146.2 million.

Founded in 2017 and based in Louth, near the border between the Republic of Ireland and Northern Ireland, XOCEAN uses robots to gather operational data for offshore industrial projects,

Atlantic Canadian companies are among the 100 winners of the Blueprint: Backing BIPOC Businesses awards, run by the DMZ, an award-winning startup incubator at Toronto’s Ryerson University, and funded by American Express.

The 15-week program offers participants intensive mentorship and coaching and $10,000 in grant money.

Blueprint is a response to barriers faced by BIPOC business owners.

The Newfoundland and Labrador government will kick in $10 million to the first close of the Venture Newfoundland and Labrador II fund, adding on to a $6.3 million private sector funding raise.

Like the first Venture NL fund, Fund II will be managed by Pelorus Venture Capital and the partners say the fund will have enough capital to back pre-revenue companies in the province for a decade.

The

I’m going to say something you’d expect me to say: the content at Entrevestor Live will be outstanding.

Entrevestor Live is a virtual conference starting at 1 pm AST on Wednesday that will demonstrate how Atlantic Canadian startups have grown into global corporations. It will offer a concise program (about 190 minutes) and low price ($70+HST) so just about anyone in the startup community can

In our Jobs of the Week column today, we’re showcasing openings for a Head of Design, Venture Studio, at Highline Beta in Toronto and a Manager of Partnerships and Stakeholder Engagement at Canada’s Ocean Supercluster.

Canada’s Ocean Supercluster is an Atlantic Canada-based organization with national scope that supports sustainable economic growth in Canada’s ocean-based industries while