The significance of SkySquirrel Technologies’ transformative deal announced last week far outweighs the number attached to it. The transaction will send ripples through the AgTech sector in the region and points to a few important trends in the Atlantic Canadian startup community.

CEO Richard van der Put announced that the company had raised $3 million and would use most of it to finance a

Startup Moncton is the latest addition to the Startup Canada Community, a grassroots, non-profit that aims to provide infrastructure and connect startup communities across the country.

Said Debbie Collins, the founding entrepreneur of Startup Moncton: “We foster an atmosphere of inclusivity, welcome diversity, and encourage more entrepreneurs to act as a community leader.”

Startup Moncton is

Eggcitables, a company that makes a vegan egg substitute from chickpeas, won the $10,000 cash prize at the third annual 100 Entrepreneurs Planting Seed$ pitching competition, an initiative put on by the Halifax non-profit, 100 Seed$ Atlantic.

Hannah Chisholm, founder of Eggcitables, will mainly use the winnings to finalize her chickpea recipe so it has the same texture, smell and taste as an egg

It’s an unflattering problem for runners everywhere. You work up a sweat, your face is dripping and your nose starts leaking like a faucet. With no tissues or towels, you turn to the next best thing; the sleeve of your shirt or a good ol’ fashioned snot rocket.

Ryan Jacobson, a Fredericton marathoner who’s fired hundreds of these mucus missiles himself, found a way to put an end to them.

He

Ellen Farrell is looking for a few startup founders or CEOs to help with an international venture capital event for students this spring.  

The entrepreneurship prof at St. Mary’s University’s Sobey School of Business is hoping to find two or three startups interested in pitching at the international Venture Capital Investment Competition, which SMU is hosting in March. The startups would be

St. John’s-based Sequence Bio has named Michael S. Phillips as its new Chief Scientific Officer.

Phillips brings more than 25 years of experience in large-scale genomic projects, drug target discovery and leading research teams to the job.

Sequence Bio, which made the announcement Tuesday, plans to lead a large-scale genetic research project in Newfoundland and Labrador, called the NL Genome

EhEye, the Saint John company that uses artificial intelligence and data analytics in video surveillance, has raised $500,000 in funding after courting 250 potential investors.

CEO James Stewart said in an interview Tuesday that the round was led by the New Brunswick Innovation Foundation, which came in with $150,000. EhEye raised the same amount from friends and family. As well as these equity

Charlottetown-based Nautilus Biosciences Canada Inc., a marine biotechnology company, said Monday it has been purchased by the British specialty chemical-maker Croda International Plc for an undisclosed price.

Founded in 2007 by University of Prince Edward Island Professor Russell Kerr, Nautilus focuses on using marine microbial organisms to discover new bio-medical materials and other products.

Since winning the 100 Seeds Atlantic pitching competition last year, Cat Adalay, the founder and CEO of Aurea Technologies, has taken off with her company, which aims to outfit high-rise buildings with modular wind turbines.

In an interview Adalay discussed how 100 Seeds, a pitching event in which 100 attendees donate $100 dollars to make up the $10,000 cash prize, was the first step in

The need to develop international sales is a hot topic in the region. Entrepreneurs often need to work hard to win introductions. When Danish-born Pernille Fischer Boulter arrived in Nova Scotia, she wrote letters introducing herself to 100 of the province’s top CEOs.

In her new book, Tales from an Immigrant Entrepreneur, the author describes how this enabled her to meet influential people,