Karma Gaming, the Halifax startup that is developing video games for regulated lotteries, has landed just under $500,000 in additional seed financing from a group of Atlantic Canadian angels, complemented by a $250,000 loan from the Atlantic Canada Opportunities Agency.

CEO Paul LeBlanc said the company has been in discussions with the angels for several months and has just closed the round. He added that the company is now looking for $3 million to $5 million in venture capital financing, which it will likely have to raise outside of the region.  

Karma has devised a solution for a

AioTV, a startup in which Innovacorp invested $1 million a year ago, has raised $8 million by selling a 44 percent stake to UTStarcom Holdings Corp., a publicly listed maker of broadband equipment and solutions for cable and telecom operators.

AioTV (short for All-In-One Television) is the brainchild of native Haligonian Michael Earle, who is now based in Denver though the company’s development and marketing teams are in Halifax. The company has developed a single-platform that can offer service using free video (such as YouTube), live linear TV (traditional networks) and video on demand

The team developing Ludo, a smartphone application that helps athletes efficiently arrange workout times with training partners, won Startup Weekend Halifax last night at Dalhousie University.

The event at Dalhousie was one of more than 150 Startup Weekends held around the world in the past two weeks, at which groups of entrepreneurs come together and spend 54 hours putting together a company. More than 5,000 startups have been launched through these events in the past few years.

This weekend’s event was the third hosted at Dalhousie, and organizers Ed Leach and Mary Kilfoil said this

The word “lean” along with its more unexpected connotations are invading the vocabulary of entrepreneurs these days – especially in Atlantic Canada.

The hot new entrepreneurship course on offer at Dalhousie University this year is titled “Starting Lean”, and it’s based on the “Lean Launchpad” methodology preached by Steve Blank of University of California, Berkeley. Last week, Austin Texas tech guru Ash Maurya spent two days in Halifax hosting seminars based on his book Running Lean.

So what’s the skinny on all this leanness?

The whole concept as it now exists is only a few years old,

Wooshii, the video crowdsourcing company that set up its North American office in Halifax last year, has been revising its business model with greater emphasis on the creative community as it works on a $1 million fundraising.

Manchester, U.K.-based Wooshii announced in March 2011 that it would set up a North American headquarters in Halifax, housing its development team and marketing executives for the U.S. and Canada. The company operates a crowdsourcing operation, meaning it lets video-makers (or what Wooshii calls creatives) bid on video contracts posted by buyers, usually

Six Atlantic Canadian tech companies -- Verafin of St. John’s, LeadSift, Livelenz, Carboncure, and TitanFile of the Halifax area and VidCruiter of Moncton -- have won awards or recognition in the past week, indicating the potential of the digital companies in this region.

Verafin, which makes fraud-detection and anti-money-laundering software mainly for small and medium-sized banks, was named to the prestigious 2012 Deloitte Tech Fast 50, which measures revenue growth over five years. Verafin, the only Atlantic Canadian company on the list, placed 25th due to its revenue increasing 358

Zaptap has lined up 20 global companies to test its key product in the next six months, prompting the Fredericton-based tech company to more than double the target of its first venture capital round to $5 million.

Headed by founder and CEO Yan Simard, Zaptap’s software allows consumers to “zap” a product label in a store with their smartphones, and immediately receive information on the product such as technical specifications, warranty information, etc. The system allows a retailer or maker of a consumer product – especially a luxury item -- to design and produce a label, control the

Just two months old, the Starting Lean course at Dalhousie University is already having an impact on the creation and mentorship of young companies in the region.

In fact, Starting Lean is radically altering the face of Startup Weekend Halifax, in which entrepreneurs, developers and mentors come together for one intense weekend Nov. 16-18 to form businesses. And it is leading to the creation of the Startup Next competition in Halifax in March, the only Canadian component of this international competition.

There are now nine teams going through the Starting Lean course headed by

Lisa Hrabluk has entered the Launch36 accelerator with a noble purpose: she wants to help freelance journalists find meaningful work with corporations, government and not-for-profit organizations.

Hrabluk has begun a company called Wicked Ideas, which is one of the six or seven companies accepted into the second cohort of Launch36, the accelerator organized by PropelICT of Moncton. Propel Executive Director Trevor MacAusland said his group will not immediately reveal the names of the entrepreneurs in this cohort, but he did say there’s representation from the three Maritime Provinces,

IBM’s decision to establish an analytics centre in Halifax is a huge boost for the digital industry across the Atlantic region, because it will expand capacity, improve technical education and mesh with plans afoot in New Brunswick.

Premier Darrell Dexter announced Thursday the company that pioneered the personal computer would set up its only Canadian Global Delivery Centre in Halifax. The headlines stress around the creation of 500 jobs over eight years in exchange for a payroll rebate of as much as $12.2 million. The addition of 500 tech jobs will in time boost the size of the IT