We Need Branham, Fast 50 Entries

Two lists of Canadian high-growth companies in the past few months have highlighted the fact that Atlantic Canada is still a long way from building tech companies with a truly national and global presence. However, the region is doing better than these lists – the Branham 250 and the Deloitte Fast 50 –  would indicate.

Each year, the Montreal tech consultancy Branham Group produces a list of the

Continue Reading

Pauley Leads PEI’s Hostetter Centre

Matthew Pauley has been around the world studying entrepreneurship, and now he’s set up shop in Charlottetown where he wants to help new businesses launch and young businesses thrive.

As well as being an assistant prof at University of Prince Edward Island, Pauley is the new Director of the Hostetter Centre for Enterprise and Entrepreneurship. It’s an institution he’s trying to breathe new life

Continue Reading

Mindsea’s Wilson Starts SalesRight

Bill Wilson, the founder of Mindsea, has handed management of the mobile app developer over to his former technology chief so that he can focus on a new product-based company SalesRight.

Halifax-based Mindsea announced earlier this week that Wilson is being succeeded as CEO by Reuben Hall, who previously was Vice-President of Product. While remaining as Board Chair at Mindea, Wilson will focus

Continue Reading

SomaDetect Reveals Early Adopters

SomaDetect, an AgTech company that launched in Fredericton two years ago, has begun installations of its Version 2 in-line milk monitoring system at Cornell University, marking the beginning of its early adopter program.

The company, which is now based in Buffalo, NY, and Fredericton, said in a statement this week that the early adopter installation at Ithica, NY-based Cornell is a key step in

Continue Reading

Volta Cohort Puts $150K into 6 Teams

The Volta Cohort program awarded a total of $150,000 to six companies on Wednesday night, handing out an extra $25,000 bundle due to the strength of the pitches.

In its third pitching event, the Volta Cohort advertised that it would invest as much as $25,000 to as many as five companies, but it added a bonus investment to a sixth company at the event. Volta Labs, the Halifax startup house,

Continue Reading

BlueLight Raises $3M, Led by CIC

Dental technology company BlueLight Analytics has closed a $3 million funding round and plans to use the money to launch a new data analytics product that can be installed in any dental office.

The Halifax company released a statement Wednesday saying the lead investor in the funding round was CIC Capital Ventures, the North American venture capital arm of French private equity firm CM-CIC

Continue Reading

EhEye Sold for $3.2M-Plus in Stock

EhEye, the Saint John company that has developed video recognition software for public security, has been purchased by Patriot One Technologies of Toronto for more than $3.2 million in stock.

The companies announced Tuesday that Patriot One would integrate the New Brunswick company’s software, which allows video surveillance systems to recognize guns or other threats, with its Patscan

Continue Reading

Energia Demo Day Set in Fredericton

Energia Ventures, the University of New Brunswick’s cleantech accelerator, will hold the Demo Day for its second cohort Wednesday night at the Beaverbrook Art Gallery in Fredericton.

Six companies will present at the event, which begins at 6 pm. You can register to attend here.

The UNB Technology Management and Entrepreneurship program launched Energia about two years ago to help energy,

Continue Reading