Pelorus Venture Capital has launched fundraising for its third Newfoundland and Labrador–focused venture capital fund, reportedly nailing down 40 percent of its $50 million target.

The St. John’s–based firm issued a press release Monday saying Venture NL III builds on the work of its previous two funds, the first of which launched in 2015.

The Government of Newfoundland and Labrador is

DeepSense, Dalhousie University’s initiative to spread artificial intelligence through the broader community, is expanding its mission to the point where its Executive Director is talking about DeepSense 2.0.

In an interview last week, Iaian Archibald said the organization has already ventured beyond its original mission of working with oceantech companies and is targeting several sectors of the

The Ocean Startup Project has named three winners – including Lillianah Technologies of Nova Scotia – in the latest round of its Amplify competition for early-stage oceantech companies.

The second round of Amplify funding supports startups working in clean energy, ocean data collection and waterway restoration. Each company can receive up to $25,000 to support pilot projects, customer

Moncton-based fintech company WeyMedia has paid out $5.6 million to Canadian consumers through its moneyGenius cash-back program and has set a long-term target of distributing $100 million.

The payouts were delivered through WeyMedia’s moneyGenius and creditcardGenius platforms, as well as its standalone GeniusCash mobile app. Funds were paid in cash, rather than points, using Interac e-transfer

Fredericton-based TechImpact has revealed its membership grew by 20 percent in 2025 and it expanded programs, platforms, and initiatives while strengthening its convenor role across the innovation ecosystem. 

Its Digital Boost 3.0 increased funding for 68 funded businesses and 30 solution providers delivering on cybersecurity, data, and AI projects, the group said in a press release. Its

Alfred Burgesson, CEO of Tribe Network, the Halifax hub that supports BIPOC entrepreneurs, is taking an immediate leave of absence to work with the federal government. 

In an email to Tribe members, the founder of Tribe said he has joined the Office of the Minister of Artificial Intelligence and Digital Innovation as a Senior Advisor in Ottawa. The role of Interim CEO will be filled by Savior

Future Ocean Foods, a Halifax-based nonprofit that has positioned itself as a global hub for seafood and seaweed innovation, is seeking new leadership and may be open to acquisition, according to its founder and executive director, Marissa Bronfman.

Founded two years ago, Future Ocean Foods describes itself as the world’s first association dedicated exclusively to alternative seafood and

Halifax-based Home + Health has created an app to streamline the provision and receipt of healthcare and other services for seniors at home. The new company is now seeking financial investment and partners to refine its product and boost public awareness.

To date, the 18-month-old venture has been bootstrapped by founders Alan MacKeen, Managing Partner, and Principal Matt Shaw. The company was

Halifax-based supplement startup Infusd Nutrition has made more inroads in the food technology sector with new partnerships with Connecticut-based consumer-health company Blueroot Health and women's health company Fairhaven Health of Washington.

Founded in 2023 by lawyer Jack MacDonald and chemical engineer David Giffin, Infusd Nutrition is developing technology that makes fat-soluble nutrients,

St. John’s-based innovation hub Genesis is seeking founders for its winter cohort of Evolve, a program designed to help early-stage entrepreneurs turn tech-driven ideas into viable businesses.

The upcoming cohort begins on January 29, offering founders a hybrid blend of hands-on workshops and mentorship, the group said in a statement.

The eight-week immersive program is designed for those who