LightSail Energy, the Silicon Valley cleantech company co-founded by Dartmouth-born Danielle Fong, has shut down, meaning Innovacorp will write off its $2-million investment in the company.

Based in Berkeley, Calif., LightSail was working on an energy storage product that used compressed air infused with water vapour that could drive wind turbines during periods of low wind. The publication

The second annual Millennial Business Pitch Competition is scheduled for June 1, at Planet Hatch. This competition is designed for Fredericton-area high school students to connect with the business community and show industry sponsors their ideas.

Participating high school students will pitch their ideas to a crowd of teachers, industry experts, and several judges including Heather Boyd-Kinnie

To reverse the declining numbers of young Canadian farmers, Halifax-based Nexus Robotics is developing a weed-picking robot that makes the physical farm labour less grueling.

“Picking weeds sucks,” said Teric Greenan, the founder of Nexus.  “It never ends. You can be as proactive as you want about it, but there are always going to be weeds next week, next month, next year. And no young

Two New Brunswick startups have merged and are now offering their products under a new company name.

BrewHopper, a craft beer tourism tech company and ReadyPass, a smart software company for transit agencies, are now being run by a new company called Expedition Connect. The new owners say this means more growth for both products.

Expedition Connect was started by Al Sturgeon and Mike Legere,

Halifax-based Harbr has closed a $1.75 million round of funding, having assembled a blue-chip roster of Atlantic Canadian business people as the core of its investor group.

The company is developing mobile technology that uses artificial intelligence to help construction companies perfect such tasks as scheduling. It is now being backed by a group of investors weighted heavily in the

Fredericton-based SomaDetect, an agricultural data company that analyzes cow’s milk to moniter health and increase milk quality, has been growing fast and is showing no signs of slowing down.

The company has announced that it is expanding its offices to Buffalo and adding three new executives who have a combined 50 years of experience in product management, leadership and commercialization.

QRA Corp, an emerging design verification technology firm, has received funding of up to $749,068 from the National Research Council’s Industrial Research Assistance Program.

The Halifax company builds solutions for manufacturers and engineers that analyze complex systems and requirements at crucial stages of development. Their products help engineers to devise better requirements and detect

After two years of development, Dartmouth-based Rimot.io last week launched its Internet-of-Things product for monitoring remote infrastructure, like communications transmitters.

At the International Wireless Communications Expo in Orlando, the company launched RimotRF, which monitors remote phone transmitters, like those in the middle of a forest, to ensure the equipment is working when it’s

Techsploration, a Nova Scotia-based non-profit, has been awarded the 2018 Leadership Excellence Award for Empowerment by the group Women in Communications and Technology.

The national award honours success in empowering girls to continue their participation and education in science, technology, engineering, and math, or STEM.

“Since 1998, our small, grassroots organization has been propelled by

Planet Hatch in Fredericton will host two free events this month that will highlight how startups can receive funding and partner with corporations.

Opportunities New Brunswick will host the first one on Thursday. The day-long event, called Access to Capital for Startups, is a part of East Coast Startup Week, a week-long series of private events across the region starting today.

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