Outcast Foods Closes $3M Round

Outcast Foods, a Halifax company that makes nutritional ingredients and supplements out of food that would otherwise be thrown out, has raised $3 million in financing.

The company formerly known as Beyond Food issued a press release Thursday announcing the financing round, which follows a $1 million angel round early in 2019. The lead investors in the latest round include: The Cosine Group, a

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3 Things To Watch For in 2020

Now that we’re through the year-end festivities and returning to work, let’s look at what we can expect from Atlantic Canadian startups in the 21st year of the 21st century.

Here are three things we’re watching in the coming year.


Funding in 2019 was both fantastic and, well, weird, and it would be nice if financing was a bit more conventional this year. It was fantastic because

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Bloxo Partners with reSPORT

Halifax-based Bloxo Inc., which aims to improve access to recreational sports, has partnered with Sports Nova Scotia’s reSPORT initiative and will launch the full version of its mobile app this winter.

Within a single application, Bloxo will allow facility managers to post open time slots, for sports organizers to book those slots and bring in other players, who can join and pay for a game. For

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Have a Great Holiday!

Our final post of 2019 is a simple wish: We hope all our readers have a fantastic holiday and prosperous New Year. 

We're taking the holidays off, and we've now posted for the last time until Jan. 2 (unless something epic happens next week and we feel we have to report on it).

Each year at this time, we post this photo of our official Entrevestor Christmas Tree ornament, which our daughter Cat

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Just One Story in 2019: Verafin

It seems obvious there is only one story for a 2019 year-end wrap-up for the Atlantic Canadian startup community.

It’s Verafin.

In September, the St. John’s company whose software helps financial institutions combat fraud and money laundering announced that it had raised $515 million in equity and debt financing. It was the largest venture capital deal ever by a Canadian company.

Yes, we could

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How PLATO Embraces Reconciliation

For Jenilee Paul of St. Mary’s First Nation, her role as a course instructor at PLATO can help other Indigenous people see a path for growth in the IT sector.

“It’s kind of like being a role model. You’re setting that path so the people in the courses afterward can come into it and know that they can move up the ladder and take on more courses, more skill sets or leadership roles,” she said.

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NB’s Cirrus9 Acquired by Carbon60

Cirrus9, a Saint John-based managed cloud and data center operator, has been acquired by Carbon60 for an undisclosed price, and will now grow as part of Carbon60’s coast-to-coast operation.

Founded nine years ago by CEO Fred Bullock, Cirrus9 operates data centres, managed enterprise cloud infrastructure and related hosting services and support. It serves customers in both the public and private

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Our Data Shows How NL Is Advancing on Two Fronts.

There have been two main trends in the Newfoundland and Labrador startup community in recent years – the flood of new companies, and the accelerating advance of its most successful ventures.

This is rare. Some communities do a great job of nurturing their best companies, but without bringing in a new wave of entrepreneurs. Others continue to encourage and train new entrepreneurs, while their

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