MySafe Lands $3.5M Grant

Health Canada has awarded a $3.49 million grant to the MySafe Society to help fund the roll-out of five opioid dispensers manufactured by Dartmouth-based Dispension Industries.

The federal Health Department said this week it would make the funding through its Substance Use and Addictions Program to help prevent drug overdoses. The MySafe Society initiated a program in 2019 that would use

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Granville’s Swab Approved

Health Canada has approved the Granville Swab, a new product created by St. John’s-based Granville Biomedical.

During the pandemic, company Co-Founder and registered nurse Crystal Northcott has been swabbing people for the COVID-19 virus in Newfoundland and Labrador, and it’s intended that the new swab will be used in COVID-19 testing.

“As a medical professional witnessing the COVID-19 pandemic

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Dickinson in Outcast’s $10M Round

Dartmouth-based Outcast Foods, which makes powdered food products from rejected produce, has closed a $10 million funding round, half of which came from the fund led by Arlene Dickinson of Dragons’ Den fame.

Outcast will use the money to expand its plant in Dartmouth and build a plant in Southern Ontario that will have the capacity to generate up to $30 million in revenue annually. That will

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SomaDetect Unveils $6M Raise

Agtech company SomaDetect has closed a $6 million venture capital round led by Ag Tech Canada, and intends to use the funds to accelerate adoption of its sensor technology that monitors the health of dairy herds.

As well as the Tillsonburg, Ont.- based private equity fund Ag Tech Canada, the funders participating in the round are Merck Animal Health Ventures, Builders VC and Wilbur Ellis’

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Snorble Set for Indiegogo Campaign

Snorble, an automated bedtime companion for children, has been chosen for a high-impact campaign on Indiegogo, says its Halifax-based designer Mike Rizkalla.

Snorble is a soft toy, about the size of a teddy bear, that uses voice recognition software and artificial intelligence to encourage children to get ready for bed and go to sleep with no fuss. It helps the child with pre-bedtime routines

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NB Crypto Mining Centre Sold

A surprising corporate deal took place last week which will result in a new data centre in Grand Falls, NB, being part of an environmentally sustainable cryptocurrency operation.

Vancouver-based HIVE Blockchain Technologies, which is listed on the TSX Venture exchange, issued a statement Thursday saying it would pay about $25 million in stock for GPU Atlantic, a division of Montreal’s GPU.One.

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Jobs: MCE, En Point, MindSea

Our Jobs of the Week column today features postings at En Point and MindSea in Halifax, and the Memorial University Centre for Entrepreneurship, or MCE, in St. John’s.

The mission of the MCE is to inspire and enable aspiring entrepreneurs and to help Memorial University become the leading entrepreneurial university in Canada. The centre provides entrepreneurial students throughout the university

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