NS Invests $5M in Sandpiper

The Nova Scotian government is contributing $5 million to Sandpiper Ventures, the first venture capital fund of the Atlantic Women’s Venture Fund.

The investment from the provincial government, announced on Friday, is a key step in the Women’s Venture Fund’s mission to launch a $20 million early-stage fund to invest in women led businesses, mainly in Atlantic Canada. Sandpiper expects to launch

Continue Reading

Job of the Week: Dash Hudson

Our Job of the Week column today showcases an opening for a Renewals Account Executive at Dash Hudson in Halifax.

Dash Hudson is a visual marketing Software-as-a-Service company that helps its clients increase engagement on their social media. Its software, called Vision, is a one-stop spot for clients to manage, source and engage with the traffic of their photos and videos.

The Job of the Week

Continue Reading

McCain Takes Stake in Fiddlehead

McCain Foods has made a “significant investment” in Moncton-based Fiddlehead Technology, buying out existing investors in the predictive modeling company and positioning it for further growth.

The parties on Thursday would reveal no details of the deal, except to say that it would leave McCain and Co-Founder and CEO Shawn Carver as the only shareholders of the company. McCain Foods will have a

Continue Reading

2 Under-the-Radar Exits from 2020

The second half of 2020 was the best period ever for exits in the Atlantic Canadian innovation community, creating wealth for founders and investors. In fact, we’ve recently learned of two under-the-radar deals that add to the growing number of companies that were taken over in that period.

In October, Sherbrooke, Que.-based Sherweb purchased PurelyHR of Moncton for an undisclosed price. And in

Continue Reading

LaPlante Named to Global AI List

Halifax’s Jennifer LaPlante, Executive Director of the oceantech artificial intelligence organization DeepSense, has been named in the DataIQ 100, a list of the world’s most influential data and analytics practitioners.

London-based DataIQ, a British organization that supports data analytics around the world, unveiled the list this week, and LaPlante, who has headed DeepSense since 2019, was

Continue Reading

Educode Names National Franchisee for India

Moncton edtech company EduCode Academy has named Foreign Scope Consultants as its first national franchisee for India.

EduCode creates online courses that help children learn to code, and its international sales soared last year as the result of a free service it offered in the depths of the pandemic. That offer ended in June, but sales continued to increase.

Led by Subhojeet Sadhu, Foreign

Continue Reading

The Rounds Plots US Expansion

The Rounds, the Halifax company that operates social networks for healthcare professionals, is gearing up for a major push into the U.S.

The company thrived in 2020 as the pandemic encouraged Canadian physicians to use a site on which they could work together to solve the immense healthcare challenges. With revenues growing, the company in the autumn was able to close a funding round mainly

Continue Reading

ROCarbon, NSCC Aid IKEA Dartmouth

A Halifax startup and a team of Nova Scotia Community College students are working together to help IKEA Canada assess what to do with the excess solar power produced at its Dartmouth location.

The retail outlet near Dartmouth Crossing is the Swedish company’s most sustainable location in Canada – often producing more solar energy than it can use. Unfortunately, it’s unable to return that excess

Continue Reading

ACOA Lends $1.3M to 3 Companies

The Atlantic Canada Opportunities Agency is lending $1.3 million to three Dartmouth companies to help them launch or expand their operations.

The federal government’s regional development agency issued a press release last week announcing the financing for Global Spatial Technology Solutions Inc., Reftek Systems Inc., and Sensor Technology Ltd. The loans were issued under the federal

Continue Reading

Four Eyes Doubled Staff, Sales in 2020

Saint John-based Four Eyes Financial doubled its business in 2020, and its founders see no sign of its growth trajectory flattening this year.

Co-founded in 2018 by Lori Weir and Kendall McMenamon, Four Eyes Financial set out to develop a digital platform to allow efficient communications between financial advisers, the firms they work for, and their clients. The founders had a background in

Continue Reading