Motryx, the Halifax company whose technology improves the transportation of blood samples, has won the $55,000 BioInnovation Challenge, Atlantic Canada’s top pitching competition for life sciences companies.

Co-Founder and CEO Franziska Broell pitched the company at the finals on Wednesday at BioNova’s Bioport Atlantic competition. The other finalists were Charlottetown-based AgTech company

Please join us Nov. 13 for Entrevestor's State of the Startup Community presentation at the Wu Centre at University of New Brunswick in Fredericton.

Each year, Entrevestor charts the growth of the startup community, collecting data on such metrics as company launches, funding, employment and revenue. I will present our findings for the region overall and focus on the metrics for New Brunswick.

The New Brunswick Innovation Foundation has announced the keynote speakers at its R3 2020 gala will be Jeff Dahn, the NSERC/Tesla Canada Industrial Research Chair at Dalhousie University, and Vincenzo Guida, research fellow for Procter & Gamble.

First held 11 years ago, R3 is a biennial event that recognizes leaders in applied research at New Brunswick universities and research institutions.

The American private equity group H.I.G. Capital said it has completed its US$250 million purchase of Charlottetown-based Biovectra, which makes ingredients for drugs.

The private equity fund, which has $34 billion under management, issued a statement on Monday saying one of its affiliates completed the purchase from Mallinckrodt Pharmaceuticals, of the U.K. Mallinckrodt said in September it had

The New Brunswick Innovation Foundation increased its applied research funding about 150 percent in its most recent fiscal year, though its direct venture capital investment dropped.

The Fredericton-based innovation and venture capital group has issued its annual report for the 2018-2019 fiscal year (which ended March 31). It shows the foundation invested a total of $5.2 million in 19 VC

Passiv, whose technology helps passive investors manage their portfolios, has partnered with Silicon Valley-based Alpaca, which should help the Fredericton company expand in the all-important U.S. market.

Alpaca is a stock brokerage that operates an application program interface, or API, that allows users to program their own “robo-advisor”, or a program that will automatically balance a passive

When we produce our annual Atlantic Canada Startup Data report, there are two sets of statistics that people usually find interesting because they're stark reminders of the perils of entrepreneurship: zombies and failures.

We found that 66 Atlantic Canadian startups failed in 2018, and we estimated there are the same number of zombies.

To put that in perspective, we were following 486 startups

If you’re in Halifax on Nov. 27 and are interested in learning about The State of the Startup Community, go to Volta at noon.

I will be presenting our 2018 Atlantic Canadian Startup Data report in a Lunch and Learn presentation at Volta. You can find tickets here.

We published our sixth annual data report a few weeks ago. It’s available to everyone this year because of the support of the

Halifax-based Cove Kombucha has closed a $1.2 million equity funding round, which the maker of healthy drinks hopes will go toward upgrading its facility, increasing production and reaching new markets.

The company said in a press release last week it attracted the investment from Vancouver-based Canaccord Genuity Wealth Management, after a one-month search.

Cove is now selling its kombucha – a

Propel has named 32 companies to Phase 2 of its Incite program – its biggest intake yet in the virtual tech accelerator.

The chosen companies span Eastern Canada.  Eleven companies are from Nova Scotia, nine from Newfoundland and Labrador, seven from New Brunswick, and four from P.E.I.  There is also one company from Quebec.

Because the Incite curriculum is delivered online, there are no