Potential Motors, the Fredericton maker of control software for off-road electric vehicles, has raised $2 million as CEO Sam Poirier looks to scale the company’s technical capacity in anticipation of major production deals with manufacturers.

The raise includes returning investors Brightspark Ventures of Toronto, Build Ventures of Halifax and the New Brunswick Innovation Foundation, as well as a

It must be a decade ago that Ross Simmonds began espousing his DREAM mantra in his marketing seminars. It stood for “Distribution Rules Everything Around Me.”

Years have passed and Simmonds is still preaching about the importance of distribution, now in his new book Create Once, Distribute Forever. The book establishes concisely and effectively that distribution is the key to state-of-the-art

Two East Coast businesses, Halifax’s EmployNXT and St. John’s-based qualiTEAS, will participate in events hosted by startup support organizations outside Atlantic Canada in the coming weeks.

EmployNXT, which sells an AI system that matches employers with job applicants in a manner designed to guard against bias or discrimination, is part of the latest cohort of Calgary-based Movement51’s Founder

Tribe Network, the Halifax-based startup house focused on supporting BIPOC founders, will award $15,000 at the finals of its Youth Climate Pitch Competition on May 9.

Slated to be held at Tribe’s offices on Barrington Street at 1:00 p.m., the event is being hosted under a partnership with the Halifax Climate Investment, Innovation and Impact, or HCi3 Fund. Entry is open to competitors aged 16 to

St. John’s-based Kraken Robotics has announced a $17.5 million equity funding deal with a syndicate of investors led by Toronto’s Cormark Securities, with plans to spend some of the money in expanding its manufacturing capacity and physical capital.

The raise was a “bought deal” public offering, meaning investment bank Cormark and its partners have purchased the stock directly, rather than

Invest Nova Scotia has announced the 13 companies joining the latest cohort of its Accelerate startup program.

Now in its fourth year, Accelerate offers participating startups four months of business and technical training and $40,000 of funding. It is completely virtual and aimed at companies that have already established market opportunities for products based on science or engineering-related

Three of the five startups chosen to pre-sell carbon credits to Toronto’s MaRS Discovery District under its Mission From Mars program are based in Halifax -- Carbon Run, Planetary Technology and Gaia Refinery.

The pre-purchase deals will involve MaRS receiving the credits gradually over the course of the next three years, as the companies work to implement their nascent technologies. Although

As Ukraine’s healthcare system grapples with the effects of the war, its cardiologists are receiving a helping hand from an unlikely source: St. John’s-based Sparrow Bioacoustics.

Led by CEO Mark Attila Opauzsky, Sparrow has been piloting its Stethophone app with a group of Ukrainian cardiology clinics since last year. And earlier this month, Stethophone was used by doctors from non-profit FRIDA

Amid an upswell of AI startups focused on finding new uses for large language models, St. John’s-based atlantiq AI hopes to distinguish itself by offering software that automates day-to-day tasks for small businesses, like lead generation.

Founder Nurul Ibrahim is a Memorial University physics student, and his graduation this spring coincides with the release of atlantiq’s mobile app in about

The Ocean Startup Project has a new Executive Director: Memorial University biologist Paula Mendonça, who was previously seconded to the bluetech industry group from her role as the school’s Director of Innovation and Entrepreneurship.

Mendonça succeeds Don Grant, who led the organization from 2020 until his departure for a role in the private sector last year.

“Paula's unparalleled expertise