Charlottetown-based PEI BioAlliance has appointed Lauren Ledwell its new Chief Executive Officer, effective September.

Ledwell brings extensive experience in business transformation, venture capital, and system innovation to the sector, the industry group said in a press release.

She will succeed founding CEO Rory Francis who announced that he would retire in 2025.

“Lauren Ledwell’s leadership

TLT East Ventures, a new Atlantic Canadian venture capital fund, has invested in Fredericton-based Eigen Innovations, an industrial AI company that uses thermal imaging and AI to enhance real-time quality control in manufacturing.

TLT is led by Michael Brown, a New Brunswick-born investment banker whose career has included a stint as a mentor with TechStars in New York. He closed a fund of more

Falling Walls Lab Atlantic Canada will host a pitching event at the Halifax Central Library on Sept. 15, offering Atlantic Canadians an entry into the international Falling Walls competition.

Falling Walls Lab is an international pitch competition that challenges students and early-career professionals to present their ideas in just three minutes. The winner will join 100 finalists participating

Mara Renewables, the Halifax company that produces omega-3 products from algae, has raised US$9.1 million (C$12.6 million) from S2G Investments to expand its production, sales and R&D capacity.

The company issued a press release last week announcing the funding – the company’s first funding announcement since it raised $39.5 million in 2022. It said the latest investment would support Mara’s

Atlantic Canada’s life sciences and medtech sectors demonstrated resilience in 2024 with notable revenue growth, though equity funding for life sciences companies has fallen in recent years.

Today we’re highlighting the section of our 2024 Atlantic Canada Startup Data Report that looked at these two inter-related sectors. In our databank, we track 146 life sciences companies, which include a

Weevva, the Newfoundland and Labrador startup that helps landlords and tenants manage rentals with confidence, has been accepted into the 2025 cohort of the Innovate Financial Health Lab.

The IFH Lab is a national accelerator that supports startups that aim to improve the financial conditions of Canadians. The organization named six fintech startups to the latest cohort earlier this month, and

Dartmouth-based Aruna Revolution, a women-led company that makes compostable sanitary products from plants, has won the $100,000 Impact Investment Prize at Startupfest 2025.

In Montreal last week, the well-known event that brings together entrepreneurs, investors and ecosystem builders, presented almost $900,000 in investmnent prizes and grants to founders working in diverse sectors. 

Back in

St. John’s-based innovation hub Genesis is seeking founders to participate in Evolve, a six-week program for early-stage tech founders. Entrepreneurs can join virtually or in person and will be helped to: 

* Clearly define the problem the startup aims to solve.
* Understand who the customers are and what they want.
* Refine the idea based on real-world feedback.
* Discover strategies to attract

Bounce Health Innovation, the Newfoundland and Labrador life sciences and medtech organization, has named seven companies that have graduated to Phase Two of the Scale-Up Cambridge program.

The program is designed to help leading Atlantic Canadian digital health companies expand in the U.S. market, leveraging the region’s contacts in Cambridge, Mass.

Ten companies participated in Phase One,

Fredericton-based ASETS-CA Inc. has closed a funding round from strategic investors, and plans to use the money to enhance its engineering design software and increase sales.

The company, whose technology improves workflow for people involved in 3D computer-assisted design, or CAD, issued a statement last week saying the “Pre-Series A funding round” was led by venture capital firms Accel and