SyncraSys Closes Oversubscribed Seed Round

Halifax-based AI company SyncraSys has closed an oversubscribed seed financing round that exceeded its fundraising target by 30 percent.

The company is developing an artificial intelligence platform for physical security operations and is nearing completion of its first proof of concept.

SyncraSys announced the funding round in a press release on Tuesday but did not reveal the amount it had

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Sona Nanotech Closes $2.53M Funding Round

Halifax-based Sona Nanotech Inc. has raised $2.53 million through an oversubscribed private placement to fund further development of its Targeted Hyperthermia Therapy oncology treatment.

The company, whose shares trade on the Canadian Securites Exchange, announced Aug. 10 that it had closed the financing with the issuance of 8,423,372 common shares at 30 cents per share. Sona had originally

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Galaxia Closes $4.2M Seed Round

Galaxia has closed an oversubscribed $4.5 million funding round to support the expansion of its satellite technology and space infrastructure business.

The Halifax-based company said in a press release Thursday the financing was co-led by Montreal-based Amiral Ventures and Invest Nova Scotia. Other investors included Reaction Dynamics and Anges Québec.

Galaxia said the capital will be used to

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Dal Demo Day Set for Oct. 6

Dal Innovates will hold its annual Demo Day on Oct. 6, featuring teams from across the country that have participated in the AI2Market, Campus2Market and Lab2Market programs.

The event will be held at the Joseph Strug Concert Hall on the Dalhousie University campus, beginning at noon. The pitches begin at 1:30 p.m.

The participants have completed the Launch stream of three programs offered

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Dryve Enters CTA Program in Sweden

Dryve Battery Materials has been selected for a Canadian government program designed to help the Dartmouth-based company develop business opportunities in Sweden’s growing battery industry.

The company, which is developing a process for manufacturing cathode active materials, will participate in the Sweden Battery Value Chain Special Edition Canadian Technology Accelerator 2026-27, delivered by

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Inside Wellnify’s Bid to Create Preventive Wellness

On a cold Tuesday morning in February, Travis McDonough sits at the front of a packed conference room in the Halifax Convention Centre, listening intently. He's been invited to the WHEN (Women's Health Equity Now) Movement, an initiative launched by the IWK Foundation to transform healthcare for women+ across the Maritimes and Canada.

McDonough is confident that Wellnify, his new wellness tech

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Virtual Hallway Launches Asklepius

Halifax-based Virtual Hallway has launched Asklepius, an artificial intelligence tool designed to help Canadian clinicians find evidence-based answers to clinical questions.

The company said Asklepius combines AI with information from Canadian clinical sources, including more than 500 clinical guidelines, provincial formularies, Health Canada drug monographs and drug information from the

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Hermetik Acquired by Qapture Investments

Bermuda-based investment manager Qapture Investments has acquired the on-chain yield strategies and operational infrastructure of Halifax-based Hermetik Trading Technologies Inc. and named Hermetik founder Brendan MacNeil the Head of Decentralized Finance.

The parties announced the deal in a press release last week but did not release financial details.

MacNeil launched Hermetik three years ago

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