The University of New Brunswick has named the nine Atlantic Canadian companies going through the second cohort of Scale Up Atlantic Canada, which helps companies accelerate their revenue growth.

In 2018, the university’s J. Herbert Smith Centre for Technology Management & Entrepreneurship – commonly known as TME – teamed up with Boston-based Babson College to create its new accelerator. It is

EY Canada has named seven winners in the Atlantic division of the 2021 Entrepreneur of the Year competition.

The global consultancy this week revealed the winners for all Canadian regions, including the Atlantic winners. These regional winners will now move forward to compete at the national awards celebration in November, where 10 national winners will be named.

These winners will include

Having sold its Squiggle Park online reading game, Halifax-based edtech company Eyeread is planning to focus on developing a platform that can be used to deliver educational content, including games, to students.

Bellevue, Wash.-based DreamBox Learning issued a statement Tuesday announcing the acquisition of Squiggle Park from Eyeread, though it did not disclose a price. Before the sale, which

Online startup accelerator Propel has announced the 16 companies participating in its Vision and Validation program, which is its new training program for the founders of very early stage companies.

Six of the companies are from New Brunswick, five are from Newfoundland and Labrador, four are from Nova Scotia, and one is from Ontario. The program started July 12, and focuses on teaching new

St. John's-based Kraken Robotics said Wednesday it has inked a deal to raise $10 million by selling shares to a consortium of underwriters led by investment bank Canaccord Genuity Corp. It will also buy another Newfoundland and Labrador company, PanGeo Subsea, in a cash and stock deal worth more than $14 million.

Kraken shares, which trade on the TSX Venture exchange, fell more than 17 percent

Halifax-based respiratory therapy startup NovaResp has received Health Canada approval to conduct an “interventional study” at the city’s Queen Elizabeth II hospital, testing its sleep apnea treatment on 25 patients with the condition.

Founded by Dalhousie University PhD graduate Hamed Hanafi, NovaResp is developing software to use data from CPAP machines to predict when a sleep apnea patient

Halifax’s Coloursmith Labs, which is developing advanced optical  filters for contact lenses and eyeglasses, has closed a $2 million equity round, led by the female-focused investment fund, Sandpiper Ventures.

Sandpiper on Tuesday issued a press release saying its investment in Coloursmith is its second investment and the first investment round in which it was the leader. The other investors in

St. John’s-based startup hub Genesis has launched a new, intermediate-level accelerator to fill a gap between its Evolution program for early-stage companies and its Enterprise program for more advanced startups.

Dubbed Evolution+, the new accelerator eschews a cohort model in favour of rolling acceptance and graduation, with each company taking from one to six months to complete the program.

You really get an idea of how cool 3D BioFibR is when CEO Kevin Sullivan starts talking about bulletproof T-shirts.

Halifax-based 3D BioFibR aims to produce commercial quantities of nature’s “strongest, lightest and toughest” materials. The company was launched last year and closed a $550,000 funding round in its first six months.

Now the company has 16 employees and Sullivan is gearing up to

Dartmouth-based Global Spatial Technology Systems, which is developing cloud software for analyzing and predicting the movements of ships, has added three new members to its OCIANA Port Optimization Consortium -- a group of ports and marine industry organizations testing GSTS’s software.

The new participants are the Port of Halifax, the Port of New York and New Jersey, and the Laurentian