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

Last week’s MTME pitching event at University of New Brunswick was won by golf swing solutions company MULLI. DeepREM, a company developing a sleep solution, placed second. The new ventures won $1,500 and $1,000 respectively.

The winners were among four student teams from the UNB’s Master of Technology Management and Entrepreneurship program. The MTME program, managed under UNBs J. Herbert Smith

Led by the McKenna Institute and Mariner Partners, an effort is under way to raise $250,000 to $500,000 to endow the Gerry Pond Professional Sales and Business Development Experiential Learning Fund.

It’s intended the endowment will uphold the legacy of Gerry Pond and create learning opportunities for MBA students at University of New Brunswick, organizers said on LinkedIn.  The fund will

Halifax-based carbon capture venture pHathom Technologies has struck a deal with Frontier to remove 510 tons of CO2 from the atmosphere using the startup’s technology.

Frontier works with some of the world’s largest companies to encourage the development of carbon-capture technology. By paying for carbon-capture agreements while the technology is still being developed, Frontier helps young

Halifax-based edtech venture Shoelace Learning has been named one of the Top 30 Startups globally in the inaugural Global EdTech Prize and will now enter the finals.

In a post on LinkedIn, CEO Julia Rivard Dexter said Shoelace is the only Canadian company being considered for the prize in the Startup category of the competition, which recognizes the most innovative, impactful tools reshaping

Halifax-based Alaagi, a sustainable packaging startup created by Saint Mary’s University graduate Sheheryar Khan, has advanced in the global Hult Prize competition.

Launched in July 2024, Alaagi produces a fully compostable bioplastic made from seaweed, SMU said in a statement. The material can be used for grocery bags and sandwich wraps and can be heat-sealed to preserve freshness.

The company

In examining Atlantic Canada’s oceantech sector, one fact that is often overlooked is how tantalizingly close it is to boasting its first unicorn – a company valued at $1 billion.

While this article is largely a summary of the oceantech sector in 2024, we can’t overlook the biggest development in the marine innovation industries in the past six months. And that is the continued growth of the